Longfor Group unit will sell second tranche of medium-term notes

Chicago, Nov. 28 – Longfor Group Holdings Ltd.’s indirect subsidiary, Chongqing Longhu Development Co. Ltd., (Chengxin: AAA) will be selling a second tranche of medium-term notes on Nov. 29, according to a notice.

The public offering will not be more than RMB 2 billion.

The coupon, to be set at pricing, is being talked between 3% and 3.8%.

The notes will be guaranteed by China Bond Insurance Co., Ltd.

Longfor is a Beijing investment holding company.

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