China’s Midea applies to offer RMB 5 billion or RMB 15 billion notes

By William Gullotti

Buffalo, N.Y., Nov. 14 – Midea Real Estate Holding Ltd. said indirect wholly owned subsidiary Midea Real Estate Group Co. Ltd. applied to register a public offering of RMB 5 billion or RMB 15 billion medium-term notes, according to an announcement on Monday.

According to the announcement, further details were omitted to avoid a false market but will be announced as soon as practicable.

Midea operates as a holding company based in Foshan, China, and provides property management, property sales, property development and other services.

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