Chicago, July 6 – Fortune Star (BVI) Ltd. sold €500 million of 3.95% senior notes due 2026 (Ba3/BB), according to a listing notice and a preliminary offering circular.
According to the preliminary circular, joint global coordinators, joint lead managers and joint bookrunners were Credit Suisse, Deutsche Bank, HSBC, Natixis and Standard Chartered Bank.
The notes were sold to fund a tender offer.
The notes are listed on Euronext Dublin.
Fortune Star is a unit of Fosun International Ltd., a Shanghai-based conglomerate. The parent guaranteed the notes.
| Issuer: | Fortune Star (BVI) Ltd.
|
| Guarantor: | Fosun International Ltd.
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| Issue: | Senior notes
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| Amount: | €500 million
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| Maturity: | Oct. 2, 2026
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| Bookrunners: | Credit Suisse, Deutsche Bank, HSBC, Natixis and Standard Chartered Bank
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| Coupon: | 3.95%
|
| Listing date: | July 2
|
| Ratings: | Moody’s: Ba3
|
| S&P: BB
|
| Distribution: | Regulation S
|
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