Ying Li International Real Estate to offer Singapore dollar bonds

By Marisa Wong

Madison, Wis., Nov. 1 - Ying Li International Real Estate Ltd. said it plans to offer Singapore dollar-denominated bonds.

The company has mandated Standard Chartered Bank as the lead manager for the proposed Regulation S deal, which is expected to launch on Nov. 1.

Proceeds will be used to partially refinance the company's S$200 million of 4% convertible bonds due 2015 and other outstanding borrowings. Remaining funds will be used for general corporate purposes.

The property developer is based in Singapore.

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