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China’s Sino-Ocean Land intends to offer guaranteed notes
By Toni Weeks
San Luis Obispo, Calif., Jan. 27 – Sino-Ocean Land Holdings Ltd. said it intends to conduct an international offering of guaranteed notes to professional investors outside the United States in offshore transactions. Wholly owned subsidiary Sino-Ocean Land Treasure Finance II Ltd. will be the issuer.
The joint lead managers have not yet been appointed.
Proceeds of the Regulation S deal will be used to repay existing debt and for general corporate purposes.
Sino-Ocean Land is a Beijing-based property developer.
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