New York, Sept. 16 - Country Garden Holdings Ltd. priced a $75 million add on to its five-year senior notes (Ba3/BB) at 100.915.
JPMorgan was the bookrunner for the Rule 144A and Regulation S offering.
The original $300 million was priced at par on Sept. 2.
The Hong Kong-based property developer will use the proceeds to fund property projects and construction and for general corporate purposes.
| Issuer: | Country Garden Holdings
|
| Amount: | $75 million
|
| Maturity: | Sept. 10, 2014
|
| Security description: | Add on to senior notes
|
| Bookrunner: | JPMorgan
|
| Coupon: | 11¾%
|
| Price: | 100.915
|
| Call protection: | Non-callable
|
| Trade date: | Sept. 16
|
| Settlement date: | Sept. 23
|
| Ratings: | Moody's: Ba3
|
| Standard & Poor's: BB
|
| Distribution: | Rule 144A/Regulation S
|
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