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Chinese developer Greenland's default risk rises

Saturday, March 19, 2016 - 05:50


CHINA'S third largest developer is sustaining its pace of deal making even as bond investors start to price in a higher risk of default.

The yield spread on Greenland Holdings Corp's US$600 million 5.875 per cent 2024 notes over US Treasuries has widened 47 basis points

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