E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/29/2018 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China Jinmao’s Franshion to redeem $500 million 5¾% notes due 2019

By Wendy Van Sickle

Columbus, Ohio, Nov. 29 – China Jinmao Holdings Group Ltd. subsidiary Franshion Brilliant Ltd. will redeem the $500 million of 5¾% senior notes due 2019 that are guaranteed by the parent company, according to a notice.

The notes will be redeemed on Dec. 31 at a price equal to the greater of par plus accrued interest and the make-whole amount.

China Jinmao is a Hong Kong-based investment holding company that invests in and develops real estate in mainland China.


© 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.