China’s Fantasia again offers to buy back 8 3/8% senior notes due 2021

Chicago, Feb. 3 – Fantasia Holdings Group Co. Ltd. started its third tender offer in 13 months for its 8 3/8% senior notes due 2021 (ISIN: XS1784286327), according to an announcement.

The company will issue new notes concurrently with the tender offer. A cap, if applicable, will be based on the size of the offering of new notes. There are currently $480,429,000 of the notes outstanding.

Should the tender offer be oversubscribed, tenders may be subject to proration.

The company is offering to purchase the notes for $1,001.50 per $1,000 notes, plus interest.

The offer expires at 11 a.m. ET on Feb. 17.

Settlement is expected for Feb. 19.

The offer is conditioned upon the issuance of the new notes.

UBS (+852 2971 8848, ol-gb+freesia@ubs.com) and BNP Paribas (+852 2108 5228, asia_syndicate@bnpparibas.com) are dealer managers for the offer.

D.F. King Ltd. is the information and tender agent (+44 20 7920 9700, +852 3953 7208, fantasia@dfkingltd.com, https://sites.dfkingltd.com/fantasia).

Fantasia is a property development company based in Shenzhen, China.

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