China's Sunac raises $1b in bonds to refinance debt after deal spree

China's Sunac raises $1b in bonds to refinance debt after deal spree

Sunac China Holdings Ltd logo is seen during an exhibition in Hangzhou, Zhejiang province, China, May 25, 2015. China Daily/via REUTERS

Sunac China Holdings Ltd has issued $1 billion worth of bonds offshore to refinance some of its existing debt, in the acquisitive Chinese property developer’s latest fundraising after a recent spate of deals.

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