Fantasia begins tender offer for $400 million 7 3/8% notes due 2021

By Marisa Wong

Los Angeles, June 17 – China’s Fantasia Holdings Group Co., Ltd. launched a cash tender offer to purchase any and all of its $400 million outstanding 7 3/8% senior notes due 2021 (ISIN: XS1498418224).

Fantasia is offering to purchase the notes at par of $1,000 plus accrued interest.

The offer expires at 11 a.m. ET on June 28.

If the company decides to accept less than the aggregate principal amount of notes tendered, the notes will be accepted for purchase on a pro rata basis.

Settlement will be on July 5.

The tender offer will be financed with internal resources.

BNP Paribas (+852 2108 5228, asia_syndicate@bnpparibas.com), Morgan Stanley & Co. International plc (+44 20 7677 7799, dahlia2021_ms@morganstanley.com) and UBS AG Hong Kong Branch (+852 2971 8848, ol-gb+-dahlia@ubs.com) are dealer managers.

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

Fantasia Holdings is a Shenzhen, China-based property developer.

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