China’s Redsun Properties is planning senior notes offering

By Wendy Van Sickle

Columbus, Ohio, June 24 – Redsun Properties Group Ltd. is proposing to conduct an international offering of senior notes, according to a notice.

Pricing will be determined through a book-building exercise.

Proceeds from the Regulation S offering will be used to refinance existing debt and for general corporate purposes.

The issue is subject to market conditions and investor interest.

The real estate development company is based in Nanjing, China.

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