China's Parkson Retail talks $200 million five-year notes at 8% area

By Reshmi Basu

New York, Nov. 6 - Parkson Retail Group Ltd. set price talk for its debut offering of $200 million in five-year senior bullet notes (Ba1/BB) at the 8% area, according to a market source.

The notes will be guaranteed by offshore subsidiaries.

JP Morgan is the bookrunner for the Regulation S deal.

The issuer is a Chinese retail chain, which is owned by Malaysia's Lion Group.

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