Agincourt Floats New RMB Bond Fund

Real-estate fund managerAgincourt Capitalhas unveiled a new renminbi-denominated convertible offshore bond fund,Asian Investorreports. The vehicle will seek to get renminbi from Chinese professional investors to invest in Australian real estate.

The firm seeks to raise $536 million through a issue of convertible bonds via the fund.MDS Financialhas been appointed as the syndicate and manager of the deal, whileDeutsche Bankis the bond trustee, escrow agent and settlement agent.

Click here for the story fromAsian Investor.