By Wendy Van Sickle
Columbus, Ohio, June 23 – eHi Car Services Ltd. sold an add-on offering of $150 million 7¾% senior notes due 2024, according to a listing notice.
The notes will be consolidated and form a single series with the $300 million 7¾% senior notes due 2024 issued in May.
The listing is expected to become effective June 24.
The notes are guaranteed by certain existing subsidiaries.
Deutsche Bank and JPMorgan are the joint global coordinators, joint bookrunners and joint lead managers.
eHi Car Services is a car rental and services company based in Shanghai.
| Issuer: | eHi Car Services Ltd.
|
| Issue: | Senior notes
|
| Amount: | $150 million add-on
|
| Maturity: | 2024
|
| Bookrunners: | Deutsche Bank and JPMorgan
|
| Coupon: | 7¾%
|
| Listing date: | June 24
|
| Original issue: | $300 million priced on May 6
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
