China Overseas Land to sell bonds soon
It is marketing US-denominated 5, 10, 30-year bonds
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[HONG KONG] China Overseas Land & Investment Ltd, the largest-listed mainland developer in Hong Kong, is marketing dollar-denominated bonds as the government balances the need to maintain economic growth amid soaring house prices.
China Overseas Land plans to sell five-, 10- and 30-year bonds soon, a person familiar with the matter said, asking not to be identified because the terms aren't set.
Evergrande Real Estate Group Ltd, the nation's third largest Hong Kong-listed developer, is also marketing notes in the US currency, as is India's HDFC Bank Ltd, separate people said.
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