Seazen (HKG:1030, SHA:601155) is looking to issue between $250 million and $300 million in US dollar bonds, Yicai Global reported Tuesday, citing The Paper.
The overseas bond issuance is the first by a China-based real estate company in recent years since the long credit crunch, the report said.
Seazen has selected Guotai Junan International, Haitong International, Citigroup, and Citic CLSA, Yicai said.
Before Seazen, only Greentown China (HKG:3900) was able to tap the overseas bond market, Yicai reported.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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