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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.
Issue:Overseas notes
Amount:$200 million
Maturity:Aug. 8, 2022
Coupon:5%
Settlement date:Aug. 8

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