By Rebecca Melvin
New York, Jan. 2 – Yango Justice International Ltd. has priced $120 million 12% guaranteed senior notes due 2020 (B3), according to a regulatory release.
Proceeds of the notes, guaranteed by Yango Group Co., Ltd., will be used to refinance existing debt.
Bookrunners and lead managers are Guotai Junan Securities (Hong Kong) Ltd. and China Merchants Securities (HK) Co. Ltd.
Hong Kong-based Yango Justice is a debt issuing vehicle for real-estate businesses company Yango.
Issuer: | Yango Justice International Ltd.
|
Guarantor: | Yango Group Co. Ltd.
|
Issue: | Guaranteed senior notes
|
Amount: | $120 million
|
Maturity: | 2020
|
Bookrunners: | Guotai Junan Securities (Hong Kong) Ltd. and China Merchants Securities (HK) Co. Ltd.
|
Coupon: | 12%
|
Issue date: | Jan. 2
|
Distribution: | Regulation S
|
© 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.