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Celestial Dynasty gets tenders of $14.05 million 4¼% bonds due 2029
By Wendy Van Sickle
Columbus, Ohio, April 22 – Celestial Dynasty Ltd. received and accepted tenders totaling $14.05 million, or 2.16%, of its $650 million 4¼% guaranteed senior notes due 2029 under an offer that expired on April 21, according to a company notice.
The notes are guaranteed by NWS Holdings Ltd.
Settlement is expected to occur on April 23.
UBS AG Hong Kong Branch is the dealer manager. Morrow Sodali Ltd. is the information and tender agent.
Hong Kong-based NWS Holdings operates businesses in infrastructure, facilities rental, construction-related contracting and public transport. It is part of New World Development Co. Ltd.
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