ITC Properties plans dollar-denominated notes via Credit Suisse

By Marisa Wong

Morgantown, W.Va., Oct. 3 – China’s ITC Properties Group Ltd. said its direct wholly owned subsidiary, Treasure Generator Ltd., plans to conduct an international offering of dollar-denominated notes. The notes will be guaranteed by ITC Properties.

Credit Suisse Securities (Europe) Ltd. is the global coordinator and bookrunner for the Regulation S offering.

Proceeds will be used for general working capital purposes.

ITC is a Hong Kong-based property development and investment company.

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