By Sarah Lizee
Olympia, Wash., June 20 – Jinke Property Group Co. Ltd. sold $300 million of 8 3/8% notes (B2/B) due 2021, according to a listing notice with the Stock Exchange of Hong Kong Ltd.
China International Capital Corp., CNCB HK Capital and Orient Securities (Hong Kong) are joint bookrunners and joint lead managers, with China International Capital as the global coordinator.
The proceeds will be used for refinancing and general corporate purposes, Moody's Investors Service said in a news release.
Jinke Property operates as a real estate development company in Chongqing, China.
| Issuer: | Jinke Property Group Co. Ltd.
|
| Issue: | Notes
|
| Amount: | $300 million
|
| Maturity: | 2021
|
| Bookrunners: | China International Capital Corp., CNCB HK Capital and Orient Securities (Hong Kong)
|
| Coupon: | 8 3/8%
|
| Pricing date: | June 13
|
| Listing date: | June 21
|
| Ratings: | Moody’s: B2
|
| S&P: B
|
© 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.
