China's Modern Land begins roadshow ahead of senior notes offering

By Marisa Wong

Madison, Wis., Sept. 23 - Modern Land (China) Co., Ltd. said it plans to conduct an international offering of senior notes and will begin a roadshow on Monday to institutional investors.

Citigroup Global Markets Ltd., BOCI Asia Ltd. and Industrial and Commercial Bank of China (Asia) Ltd. will be the joint bookrunners and joint lead managers, with Citigroup as the global coordinator for the Regulation S offering.

Proceeds will be used to fund existing and new property projects and for general corporate purposes.

The property developer is based in Beijing.

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