Asian bond rush ahead of Lunar holidays

Qingdao City Construction Investment and Chinese developer Century Properties are embarking on global investor roadshows on Monday.

Qingdao City Construction Investment and Chinese developer Century Properties have mandated banks for separate global investor meetings beginning February 2, seeking to make use of the favourable issuance window before the Lunar New Year holidays.

Hong Kong International Qingdao, a subsidiary of Qingdao City Construction Investment, has appointed BNP Paribas as global coordinator and joint bookrunner of its proposed dollar-denominated Reg S bond, according to a source familiar with the matter.

Other joint bookrunners for the BBB-BBB rated deal include China Merchant Securities Hong Kong, Huatai Financial and Wing Lung Bank.

The investor roadshow of Qingdao City’s proposed bond which...

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