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Published on 3/5/2020 in the Prospect News Emerging Markets Daily.

New Issue: R&F Properties’ Easy Tactic sells $400 million 8 5/8% four-year notes

By Marisa Wong

Los Angeles, March 5 – Easy Tactic Ltd. issued $400 million of 8 5/8% four-year senior notes on Thursday, according to a notice.

Goldman Sachs (Asia) LLC and Standard Chartered Bank are the bookrunners.

Easy Tactic is a special purpose vehicle of Guangzhou, China-based real estate developer R&F Properties.

Issuer:Easy Tactic Ltd.
Issue:Senior notes
Amount:$400 million
Maturity:March 5, 2024
Bookrunners:Goldman Sachs (Asia) LLC and Standard Chartered Bank
Coupon:8 5/8%
Settlement date:March 5

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