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China’s Logan Group to offer dollar-denominated senior notes
By Rebecca Melvin
Concord, N.H., March 31 – Logan Group Co. Ltd. is planning to offer dollar-denominated fixed-rate senior notes (Ba3//BB), which will be listed on the Hong Kong Stock Exchange, according to a company announcement.
Deutsche Bank, UBS, Credit Suisse, Guotai Junan International, Haitong International, China Citic Bank International, Citigroup, Barclays, Standard Chartered Bank, CMBC Capital, BNP Paribas are the bookrunners for the Regulation S offering, which is subject to market conditions.
Proceeds will be used to refinance existing debt.
Formerly Logan Property Holdings Co. Ltd., Logan Group is a property developer and construction company, based in Shenzhen, China.
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