KWG Property plans dollar-denominated senior fixed-rate notes

By Wendy Van Sickle

Columbus, Ohio, July 30 – China’s KWG Property Holding Ltd. is proposing an international offering of dollar-denominated guaranteed senior fixed-rate notes.

The company expects Goldman Sachs (Asia) LLC, Guotai Junan International, HSBC,

Morgan Stanley, Standard Chartered Bank to be the bookrunners for the Regulation S offering, according to a notice.

Proceeds will be used to refinance existing debt.

KWG Property is a developer based in Guangzhou.

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