Published on 8/9/2017 in the Prospect News Emerging Markets Daily.
New Issue: China’s Future Land subsidiary issues $200 million 5% five-year notes
By Marisa Wong
Morgantown, W.Va., Aug. 9 – Future Land Development Holdings Ltd. said subsidiary Future Land Holdings Co., Ltd. issued $200 million of 5% five-year overseas notes on Tuesday.
Proceeds will be used to repay existing debt.
Future Land is a Hong Kong-based real estate operator and developer.
Issuer: | Future Land Holdings Co., Ltd.
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Issue: | Overseas notes
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Amount: | $200 million
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Maturity: | Aug. 8, 2022
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Coupon: | 5%
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Settlement date: | Aug. 8
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