New Issue: China's Yuzhou Properties prices $250 million 11¾% senior notes due 2017 at 99.263

By Christine Van Dusen

Atlanta, Oct. 18 - China's Yuzhou Properties Co. Ltd. sold $250 million 11¾% five-year notes (/B/) at 99.263, a market source said.

BOCI, HSBC and UBS were the bookrunners for the deal.

Yuzhou is a property developer based in Hong Kong.

Issuer:	Yuzhou Properties Co. Ltd.
Amount:	$250 million
Maturity:	Oct. 25, 2017
Description:	Senior notes
Bookrunners:	BOCI, HSBC, UBS
Coupon:	11¾%
Price:	99.263
Trade date:	Oct. 17
Settlement date:	Oct. 25
Rating:	Standard & Poor's: B

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