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Published on 9/8/2020 in the Prospect News Emerging Markets Daily.

New Issue: China’s Fantasia unit prices RMB 2.5 billion 7½% three-year notes

By Rebecca Melvin

New York, Sept. 8 – Fantasia Group (China) Co. Ltd., a subsidiary of Fantasia Holdings Group Co., Ltd., priced RMB 2.5 billion of 7½% bonds, which mature in three years, according to news release.

Fantasia may adjust the coupon rate, and there is a put after two years.

Fantasia is a property development company based in Shenzhen, China.

Issuer:Fantasia Group (China) Co. Ltd.
Parent:Fantasia Holding Group Co. Ltd.
Issue:Bonds
Amount:RMB 2.5 billion
Maturity:Three years
Coupon:Initially 7½%
Put:After two years
Announcement date:Sept. 8

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