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Published on 9/24/2015 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Soho China begins tender offer for $400 million 7 1/8% notes due 2022

By Angela McDaniels

Tacoma, Wash., Sept. 24 – Soho China Ltd. began a tender offer for its $400 million of 7 1/8% senior notes due 2022, according to a company announcement.

The company will pay $1,012.50 per $1,000 principal amount of notes plus accrued interest up to but excluding the settlement date.

The tender offer will end at 11 a.m. ET on Oct. 9.

The dealer managers are Goldman Sachs (Asia) LLC (852 2978 2519, 852 2978 0666, 852 2978 0923 or AEJ_Syndicate@ny.email.gs.com), Hongkong and Shanghai Banking Corp. Ltd. (888 HSBC-4LM, 852 2822 4100, 44 207 992 6237, 212 525-5552 or liability.management@hsbcib.com) and Standard Chartered Bank (852 3983 8622, 852 3983 8215, 852 3983 8647 or Asia-Liability.Management@sc.com).

The tender agent is Syntax GIS Ltd. (44 (0)20 3709 4186, 44 (0)20 3709 4187 or soho@syntax-gis.com).

Soho China is an office and retail property developer based in Beijing.


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