By William Gullotti
Buffalo, N.Y., July 28 – Zhenro Properties Group Ltd. issued RMB 300 million 7 1/8% senior notes due 2022, according to an announcement Wednesday.
The notes will be consolidated with the company’s RMB 1.3 billion notes issued July 2 to form a single series.
Standard Chartered Bank, HSBC Ltd. and CCB International Capital Ltd. are the joint global coordinators, joint lead managers and joint bookrunners for the offering.
The Regulation S listing is expected to be effective July 29.
The real estate development company is based in Shanghai.
| Issuer: | Zhenro Properties Group Ltd.
|
| Issue: | Senior notes add-on
|
| Amount: | RMB 300 million
|
| Maturity: | June 30, 2022
|
| Bookrunners: | Standard Chartered Bank, HSBC Ltd. and CCB International Capital Ltd.
|
| Coupon: | 7 1/8%
|
| Pricing date: | July 19
|
| Listing date: | July 29
|
| Distribution: | Regulation S
|
| Original issue: | RMB 1.3 billion issued on July 2
|
|
|
© 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.
