Chicago, Sept. 20 – Golden Wheel Tiandi Holdings Co. Ltd. priced a $40 million add-on to its 7% notes due Jan. 18, 2021 (B2//B) at 91.04433 on Friday, according to a company announcement.
The notes are an add-on to the $160 million of notes priced at 89.024 on Feb. 26, 2019 and the $200 million of notes the company priced at 99.337 on Jan. 11, 2019.
BOC International and Guotai Junan International are joint global coordinators.
BOC International, Guotai Junan International, Founder Securities (Hong Kong) Ltd. and Orient Securities (Hong Kong) are joint bookrunners and joint lead managers.
Proceeds will be used to refinance debt.
Golden Wheel Tiandi is a Hong Kong-based commercial and residential property developer, owner and operator.
| Issuer: | Golden Wheel Tiandi Holdings Co. Ltd.
|
| Issue: | Notes
|
| Amount: | $40 million add-on
|
| Maturity: | Jan. 18, 2021
|
| Global coordinators: | BOC International and Guotai Junan International
|
| Joint bookrunners: | BOC International, Guotai Junan International, Founder Securities (Hong Kong) Ltd. and Orient Securities (Hong Kong)
|
| Coupon: | 7%
|
| Price: | 91.04433
|
| Call: | Make-whole call at any time
|
| Pricing date: | Sept. 20
|
| Ratings: | Moody’s: B2
|
| Fitch: B
|
| Distribution: | Regulation S
|
| Earlier issues: | $200 million priced at 99.337 on Jan. 11, 2019, $160 million priced at 89.024 on Feb. 26, 2019
|
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