China's Poly Real Estates sets roadshow for dollar-denominated notes

By Christine Van Dusen

Atlanta, April 14 - China's Poly Real Estate Group Co. Ltd. will set out on a roadshow to market a dollar-denominated offering of notes (/BBB-/), a market source said.

Citic Securities and HSBC are the bookrunners for the deal.

The notes will be issued by Poly Real Estate Finance Ltd., a special-purpose vehicle owned by Hengli (Hong Kong) Real Estate Ltd., which is the primary offshore subsidiary for Poly Real Estate Group.

No other details were immediately available on Monday.

The Guangzhou, China-based issuer develops and sells residential homes and manages and leases properties.

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