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Yida China Holdings to offer dollar-denominated notes
By Colin Hanner
Chicago, April 10 – Yida China Holdings Ltd. will offer dollar-denominated senior fixed-rate notes, the company said.
AMTD, Bali, BofA Merrill Lynch, China Securities International, Citic CLSA Securities, CMBC International, Deutsche Bank, GF Securities, Haitong International, Sun Hung Kai Financials, UBS, Zhongtai International, subsidiary guarantors and the company are expected to enter into a purchase agreement once the deal is finalized.
Proceeds from the proposed notes will be used to fund new property projects and for working capital.
The notes will be issued under Regulation S.
Yida China Holdings is a business park developer and operator.
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