By Devika Patel
Knoxville, Tenn., Jan. 18 – Longfor Group Holdings Ltd. indirect subsidiary Chongqing Longhu Development Co. Ltd. sold RMB 2.8 billion of notes, according to a pricing supplement.
The company sold RMB 2 billion of 3.49% notes due 2028. The coupon may be adjusted and the investors may put the bonds after three years.
The issuer sold RMB 800 million of 3.95% notes due 2030. The coupon may be adjusted and the investors may put the bonds after five years.
Longfor is a Beijing investment holding company.
| Issuer: | Chongqing Longhu Development Co. Ltd.
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| Issue: | Notes
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| Amount: | RMB 2.8 billion
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| Settlement date:
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| Six-year notes
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| Amount: | RMB 2 billion
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| Maturity: | 2028
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| Coupon: | 3.49%, may be adjusted after three years
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| Put: | After three years
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| Eight-year notes
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| Amount: | RMB 800 million
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| Maturity: | 2030
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| Coupon: | 3.95%, may be adjusted after five years
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| Put: | After five years
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