E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/14/2021 in the Prospect News Emerging Markets Daily.

New Issue: Powerlong Real Estate prices $200 million 3.9% notes due 2022

By Rebecca Melvin

Concord, N.H., April 14 – Powerlong Real Estate Holdings Ltd. priced $200 million of 3.9% senior notes due in 2022, according to a listing announcement.

The new notes will be listed on the Singapore Exchange on Thursday.

Guotai Junan Securities (Hong Kong) Ltd. and UBS AG Hong Kong Branch are the bookrunners for the Regulation S deal.

The real estate company is based in Hong Kong.

Issuer:Powerlong Real Estate Holdings Ltd.
Issue:Senior notes
Amount:$200 million
Maturity:April 13, 2022
Bookrunners:Guotai Junan Securities (Hong Kong) Ltd., and UBS AG Hong Kong Branch
Coupon:3.9%
Issue date:April 14
Listing date:April 15
Listing:Singapore Exchange
Distribution:Regulation S

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.