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China’s Country Garden eyes new dollar-denominated notes
By Wendy Van Sickle
Columbus, Ohio, May 18 – Country Garden Holdings Co. Ltd. is proposing to conduct an international offering of new dollar-denominated senior notes, according to a notice.
Morgan Stanley, Goldman Sachs (Asia) L.L.C., BNP Paribas, HSBC and UBS are the bookrunners, lead managers bookrunners and lead managers, global coordinators for the Regulation S offering.
Proceeds will be used mainly to refinance existing offshore debt that will become due within a year.
Country Garden is a Foshan, China-based real estate developer.
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