By Wendy Van Sickle
Columbus, Ohio, Jan. 23 – Wanda Properties Overseas Ltd. priced $400 million of 6 7/8% bonds due 2023 guaranteed by Wanda Commercial Properties (Hong Kong) Co. Ltd., according to a notice of listing on the Stock Exchange of Hong Kong Ltd.
The notes benefit from a keepwell deed and a deed of equity interest purchase by Dalian Wanda Group Co., Ltd.
Credit Suisse is the global coordinator and a bookrunner and lead manager along with Orient Securities (Hong Kong) and Bocom International.
The listing is expected to become effective on Friday.
Dalian Wanda Group is a real estate company based in Beijing.
Issuer: | Wanda Properties Overseas Ltd.
|
Guarantor: | Wanda Commercial Properties (Hong Kong) Co. Ltd.
|
Issue: | Bonds
|
Amount: | $400 million
|
Maturity: | 2023
|
Bookrunners: | Credit Suisse, Orient Securities (Hong Kong) and Bocom International
|
Coupon: | 6 7/8%
|
Listing date: | Jan. 24
|
|
© 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.