China’s Country Garden to offer dollar-denominated senior notes

By Marisa Wong

Los Angeles, Oct. 15 – Country Garden Holdings Co. Ltd. is proposing to conduct an international offering of dollar-denominated senior notes (Baa3), according to a company announcement.

Morgan Stanley, UBS, Goldman Sachs (Asia) LLC, BNP Paribas, HSBC and JPMorgan will act as joint global coordinators, joint lead managers and joint bookrunners for the planned Regulation S deal.

Proceeds are earmarked for refinancing existing medium- to long-term offshore debt that will become due within one year.

Country Garden is a Foshan, China, real estate developer.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.