Hong Kong's LS Finance plans fixed-rate dollar-denominated notes

By Christine Van Dusen

Atlanta, Jan. 10 - Hong Kong's LS Finance (2017) Ltd. is planning a dollar-denominated issue of fixed-rate notes, according to a company announcement.

Bank of America Merrill Lynch and JPMorgan are the bookrunners for the deal.

Proceeds will be used for capital expenditures related to new department store projects in China.

LS Finance is a subsidiary of Hong Kong-based retail company Lifestyle International Holdings Ltd.

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