NWD seals $600m from bond return

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NWD seals $600m from bond return

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Hong Kong, China - April 28, 2020: Exterior view of modern shopping mall K11 Musea in Tsim Sha Tsui, Hong Kong | leeyiutung - stock.adobe.com

Hong Kong property company New World Development Co, which has taken hits to its business due to both the social unrest in the special administrative region and the Covid-19 outbreak, has raised $600m from the bond market with a 20bp new issue premium.

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