China’s Hopson Development eyes new notes issue through subsidiary

By Cady Vishniac

Detroit, Jan. 6 – Hopson Development Holdings Ltd. subsidiary Hopson Capital International Group Co. Ltd. proposed on Wednesday a new issue of senior notes to be guaranteed by the parent company, according to a market notice.

China International Capital Corp., HSBC, Haitong International, Bocom International, China Citic Bank International, CCB International, Citigroup, DBS Bank Ltd., HeungKong Financial and Bank of East Asia, Ltd. Orient Securities (Hong Kong) and Guolian Securities International would be joint lead managers and joint bookrunners for the Regulation S issue.

Proceeds would be used for refinancing and general corporate purposes.

The Singapore Exchange has given approval in principle for the listing of the notes.

Hopson is a real estate company based in Guangzhou, China.

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