Country Garden Taps Market for $500 Million: Evergrande Update.

Keywords: 1813@HK; 2007@HK; 3333@HK; 3908@HK; ALLTOP; ASIA; BNK; BON; BUSINESS; CHINA; COS; FIN; FRX; GLOBALMACR; HK; INDUSTRIES; MARKETS; REL; STK; WORLD; WWTOP EN 1813@HK 2007@HK 3333@HK 3908@HK ALLTOP ASIA BNK BON BUSINESS CHINA COS FIN FRX GLOBALMACR HK INDUSTRIES MARKETS REL STK WORLD WWTOP Country Garden Holdings Co., China's largest developer by sales, is raising HK$3.9 billion ($500 million) in a convertible bond sale to refinance offshore debt coming due within a year. Country Garden Sells $500 Million Convertible Bond (9:07 a.m. HK) Country Garden's convertible bond sale comes amid a spreading crisis in the real estate sector. R61CC2DWRGJE (Bloomberg) -- Country Garden Holdings Co., China's largest developer by sales, is raising HK$3.9 billion ($500 million) in a convertible bond sale to refinance offshore debt coming due within a year. [Extracted from the article]