| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers F > Headlines for Fujian Yango Group Co. Ltd. > News item |
China’s Yango Cayman plans new notes to fund tender offer
New York, July 26 – Yango (Cayman) Investment Ltd. plans to sell new notes on Monday in order to finance a tender offer for its 12½% senior notes due 2021, according to an announcement.
The tender offer will be capped at the size of the new note offering. Yango currently has $285 million of the 12½% notes outstanding.
UBS AG Hong Kong Branch and Guotai Junan International are dealer managers for the tender.
Yango (Cayman) Investment Ltd. is a subsidiary of Fujian Yango Group Co. Ltd., a real estate development business located in Fujian, 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.