| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item |
China’s eHi Car Services starts any-and-all offer to buy 5 7/8% notes
Chicago, Sept. 13 – eHi Car Services Ltd. launched a tender offer on Monday for any and all of the company’s $251,555,000 outstanding 5 7/8% senior notes due 2022 (ISIN: XS1657420441), according to a notice.
The notes will be repurchased at $1,012.50 per $1,000 note. Interest will also be paid to the settlement date.
The expiration deadline for the offer is 11 a.m. ET on Sept. 21.
Settlement is expected on Sept. 23.
The tender offer is subject to a concurrent new money issue. The new money issue is expected to price on Tuesday.
The dealer managers for the offer are J.P. Morgan Securities plc (+44 20 3493 0682) and Deutsche Bank AG, Singapore Branch (+65 6225 9442).
D.F. King Ltd. is the information and tender agent (+44 20 7920 9700, +852 3953 7208, EHI@dfkingltd.com, https://sites.dfkingltd.com/ehi).
eHi Car Services Ltd. is a car rental and services company based in Shanghai.
© 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.