By Marisa Wong
Morgantown, W.Va., May 8 – Ease Trade Global Ltd. priced $150 million of additional 5.2% notes due 2021 guaranteed by Poly Property Group Co., Ltd. at 99.996, according to a notice.
The notes will be consolidated and form a single series with the $350 million of 5.2% notes due 2021 issued at par on April 11.
Haitong International is the bookrunner for the add-on, with DBS Bank, Guotai Junan International and BOC International as joint global coordinators.
Listing of the new notes on the Stock Exchange of Hong Kong Ltd. is expected to become effective on May 8.
Poly Property is a residential and commercial property company based in Hong Kong.
| Issuer: | Ease Trade Global Ltd.
|
| Guarantor: | Poly Property Group Co., Ltd.
|
| Issue: | Guaranteed notes, add-on
|
| Amount: | $150 million
|
| Maturity: | 2021
|
| Bookrunner: | Haitong International
|
| Coupon: | 5.2%
|
| Price: | 99.996
|
| Pricing date: | April 27
|
| Listing date: | May 8
|
| Total issuance: | $500 million, including $350 million issued on April 11
|
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