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Published on 11/9/2010 in the Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

China's Yuzhou Properties on roadshow for offering of senior notes

By Christine Van Dusen

Atlanta, Nov. 9 - China's Yuzhou Properties Co. Ltd. is on a roadshow this week for an offering of senior notes (B2) via bookrunners Bank of China International, Nomura and RBS, according to a company filing.

Proceeds from the Rule 144A and Regulation S transaction will be used for general corporate purposes, to repay certain existing loans and to fund the acquisition of land for residential and commercial property development.

The roadshow will take place in Asia, Europe and the United States.

Yuzhou Properties is a developer based in the Fujian Province.


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