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Country Garden Services plans convertible bond offering
By Abigail W. Adams
Portland, Me., April 27 – Country Garden Services Holdings Co. Ltd. plans to sell convertible bonds, depending on market conditions and investor interest, according to a company announcement.
UBS AG Hong Kong Branch is the global coordinator, bookrunner and lead manager for the Regulation S offering.
Proceeds will be used for future mergers and acquisitions, strategic investments, working capital and general corporate purposes.
Country Garden Services is a Foshan, China-based residential property management services provider.
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