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Published on 6/16/2021 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s eHi Car Services launches tender offer for 5 7/8% notes

Chicago, June 16 – eHi Car Services Ltd. launched a tender offer to purchase any and all of its $333 million outstanding 5 7/8% senior notes due 2022 (ISIN: XS1657420441), according to a notice.

The company is offering to purchase the notes for $1,010 per note.

The offer expires at 11 a.m. ET on June 23.

Settlement is expected for June 25.

Deutsche Bank AG, Singapore Branch (+65 6225 9442) and J.P. Morgan Securities plc (+44 20 3493 0682) are the dealer managers.

D.F. King Ltd. is the information and tender agent (+44 20 7920 9700, +852 3953 7208, EHI@dfkingltd.com, https://sites.dfkingltd.com/ehi).

eHi Car Services Ltd. is a car rental and services company based in Shanghai.


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