China’s Fantasia plans to offer additional 9½% senior notes due 2019

By Marisa Wong

Morgantown, W.Va., Aug. 22 – Fantasia Holdings Group Co., Ltd. is proposing to issue additional 9½% senior notes due 2019, according to a company announcement.

The company had issued the original RMB 600 million of 9½% notes due 2019 in May.

The size of the add-on and pricing will be determined through a book-building exercise to be conducted by China Merchants Securities (HK), BofA Merrill Lynch and Guotai Junan International as joint lead managers and joint bookrunners.

Proceeds from the Regulation S offering will be used to refinance existing debt.

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

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