By Jennifer Chiou
New York, Dec. 9 – Golden Wheel Tiandi Holdings Co. Ltd. priced RMB 300 million of 10.8% senior notes due 2017, according to a company announcement.
Haitong International Securities Co. Ltd. is the lead manager.
The notes are expected to be admitted for listing on Dec. 17.
Proceeds will be used for new property projects, refinancing of debt and general corporate purposes.
Golden Wheel is a Hong Kong-based developer of commercial and residential real estate.
| Issuer: | Golden Wheel Tiandi Holdings Co. Ltd.
|
| Issue: | Senior notes
|
| Amount: | RMB 300 million
|
| Lead manager: | Haitong International Securities Co. Ltd.
|
| Maturity: | Dec. 16, 2017
|
| Coupon: | 10.8%
|
| Price: | Par
|
| Yield: | 10.8%
|
| Pricing date: | Dec. 9
|
|
|
|
|
© 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.
