E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/23/2018 in the Prospect News Emerging Markets Daily.

New Issue: China’s Future Land unit issues $300 million 6½% three-year notes

By Marisa Wong

Morgantown, W.Va., April 23 – Future Land Development Holdings Ltd. said subsidiary Future Land Holdings Co., Ltd. issued $300 million of 6½% three-year overseas notes on Monday.

Proceeds will be used to repay overseas debt and to invest in domestic projects.

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

Issuer:Future Land Holdings Co., Ltd.
Issue:Overseas notes
Amount:$300 million
Maturity:April 23, 2021
Coupon:6½%
Settlement date:April 23

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.