Greenland Holding Bonds Drop to March Low After S&P Cut to JunkBloomberg News
Developer's 5.875 percent notes due 2024 slid to 96.7 cents
Hong Kong unit shares dropped 2.2 percent, set for April 8 low
Greenland Holding Group Co.’s dollar bonds fell to the lowest in more than seven weeks after S&P Global Ratings cut its rating on the Chinese property developer to junk last week.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- One of the World’s Hottest Stocks Is Now Tumbling
- This Rare Bear Who Called the Crash Warns Housing Is Too Hot Again
- Recent ‘Odd’ Market Moves May Be a Warning Sign for Stocks
- The Global Economy Is Doing Just Fine, But the Davos Elite Is Worried
- U.S. Stocks Gain as Senate Votes to End Shutdown: Markets Wrap