Over 2009, Evergrande Real Estate Group had managed to record RMB 30.3 Billion in contracted sales, which is 5.02 times more than the sales that were recorded for 2008. The figures have been confirmed in the statement filed by the company with the Hong Kong Stock Exchange. Now, China's third biggest developer with regards to market value is all set to start marketing its first sale of bonds over this week.

Funds raised by the bonds sale will go towards project investments and repaying of remaining balance on the $433 Million loan which was taken by the firm in 2007.

Over January 13 and 14, the real estate company will be meeting its investors across the globe, starting with Hong Kong, and then in Singapore, London, Boston, New York and Los Angeles.

"Investors may find bonds offered by Chinese developers attractive as the downside is limited", said Lee Wee Liat, a property analyst at Nomura International Hong Kong Ltd.

No bonds have ever been issued by Evergrande before, and this will, thus, be the very first sale. No confirmations have been made about the development by the company yet.