China’s Minmetals Land plans offering of senior guaranteed bonds

New York, Sept. 5 – Minmetals Land Ltd. is planning an offering of senior guaranteed bonds, according to a notice.

The issuer will be British Virgin Islands subsidiary Expand Lead Ltd.

BOCI Asia Ltd., DBS Bank Ltd., Haitong International Securities Co. Ltd. and Hongkong and Shanghai Banking Corp. Ltd. are joint global coordinators and China Everbright Bank Co., Ltd., Hong Kong Branch, CLSA Ltd., Industrial Bank Co., Ltd., Hong Kong Branch, Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch and Silk Road International Capital Ltd. are joint lead managers and joint bookrunners.

The sale will be carried out under Regulation S and only professional investors will be allowed to participate.

Proceeds will be used to refinance existing debt.

Minmetals Land is a real estate development company based in Hong Kong. Its ultimate controlling shareholder is China Minmetals Corp., a state-owned enterprise.

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