China’s Yuzhou begins tender offer for 6 3/8% senior notes due 2021

Chicago, Aug. 5 – Yuzhou Group Holdings Co. Ltd. started a tender offer on Wednesday for up to $300 million of its 6 3/8% senior notes due 2021 (ISIN: XS1788498167), according to a notice.

There are $375 million principal amount of the notes outstanding.

The purchase price is $1,005 per $1,000 face amount of notes plus interest for noteholders who tender before the expiration time of 11 a.m. ET on Aug. 12.

Credit Suisse (Hong Kong) Ltd. (+852 2101 6794) and Goldman Sachs (Asia) LLC (+852 2978 1162 or +852 2978 0604) are joint dealer managers for the tender offer.

D.F. King Ltd. (+44 20 7920 9700, +852 3953 7231, yuzhou@dfkingltd.com) is the information tender agent.

Based in Shanghai, Yuzhou develops residential properties in southern China.

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