China’s Future Land to issue dollar-denominated notes

By Christine Van Dusen

Atlanta, July 14 – China’s Future Land Development Holdings Ltd. (/B/) is planning a dollar-denominated offering of notes, according to a company filing.

JPMorgan and Credit Suisse are the joint global coordinators. JPMorgan, Credit Suisse Securities, UBS, BNP Paribas, CLSA and China Merchants Securities are the bookrunners for the Regulation S deal.

The proceeds will be used to fund the acquisition of land for residential and commercial property development and for general corporate purposes.

Future Land Development is a Hong Kong-based real estate operator and developer.

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