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China's Yuzhou Properties plans offering of notes, will refinance debt
By Angela McDaniels
Tacoma, Wash., Sept. 26 - Yuzhou Properties Co. Ltd. plans to price an offering of senior notes (expected B2/B/), according to a company announcement.
BOCI Asia Ltd., DBS Bank Ltd., Deutsche Bank AG, Singapore Branch, Hongkong and Shanghai Banking Corp. Ltd., J.P. Morgan Securities plc and UBS AG, Hong Kong Branch are the joint bookrunners and the joint lead managers.
The company will use the proceeds of the Regulation S deal to refinance its existing debt and for general corporate purposes.
Yuzhou is a property developer based in Hong Kong.
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