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Prospect News home > News index > List of issuers M > Headlines for Mingfa Group (International) Co. Ltd. > News item |
Hong Kong's Mingfa sets talk at 13¼% area for five-year dollar notes
By Christine Van Dusen
Atlanta, Jan. 24 - Mingfa Group (International) Co. Ltd. set initial price talk at the 13¼% area for a dollar-denominated issue of benchmark-sized notes due in five years, a market source said.
Credit Suisse, Citigroup, ICBC International, Morgan Stanley and RBS are the bookrunners for the Regulation S deal.
Proceeds will be used to refinance existing debt and for general corporate purposes.
Mingfa is a property developer based in Hong Kong.
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