E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/19/2018 in the Prospect News Emerging Markets Daily.

New Issue: Greenland Hong Kong prices $200 million 7 7/8% one-year notes at par

By Wendy Van Sickle

Columbus, Ohio, June 19 – Greenland Hong Kong Holdings Ltd. sold $200 million of 7 7/8% notes due 2019 at par, according to a company notice.

Credit Suisse, HSBC, CEB International, China Industrial Securities International, Essence International, Guotai Junan International, Haitong International, Morgan Stanley and Orient Securities (Hong Kong) are the joint lead managers for the Regulation S offering. Credit Suisse and HSBC are the global coordinators.

The company plans to use proceeds to refinance its offshore debt and for general corporate purposes.

The company is a real estate developer based in Shanghai.

Issuer:Greenland Hong Kong Holdings Ltd.
Issue:Notes
Amount:$200 million
Maturity:June 25, 2019
Coupon:7 7/8%
Price:Par
Yield:7 7/8%
Pricing date:June 19
Settlement date:June 26
Joint lead managers:Credit Suisse, HSBC, CEB International, China Industrial Securities International, Essence International, Guotai Junan International, Haitong International, Morgan Stanley and Orient Securities (Hong Kong)
Distribution:Regulation S

© 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.