Published on 12/17/2018 in the Prospect News Emerging Markets Daily.
New Issue: China’s Fantasia issues $100 million 12% senior notes due 2020
By Rebecca Melvin
New York, Dec. 17 – Fantasia Holdings Group Co. Ltd. issued $100 million of 12% notes due 2020 (B3) on Monday, according to a company filing.
The proceeds will be used to refinance debt.
Fantasia Holdings is a property development company based in Shenzhen, China.
Issuer: | Fantasia Holdings Group Co. Ltd.
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Amount: | $100 million
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Maturity: | 2020
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Description: | Senior notes
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Coupon: | 12%
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Settlement date: | Dec. 17
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Rating: | Moody’s: B3
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