China's Zhong An Real Estate on roadshow for three-year renminbi notes

By Christine Van Dusen

Atlanta, Jan. 24 - China's Zhong An Real Estate Ltd. set a roadshow for a three-year offering of renminbi-denominated notes, a market source said Monday.

The marketing trip was scheduled to start on or around Monday via bookrunners Barclays Capital and UBS.

The Regulation S notes will be payable in dollars.

Proceeds will be used for general corporate purposes and to fund acquisitions of land projects.

The deal could price as soon as the Jan. 24 week.

Zhong An Real Estate is a developer based in Zhejiang Province, China.

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