China’s Times Property to launch dollar-denominated note offering

By Marisa Wong

Morgantown, W.Va., Nov. 22 – Times Property Holdings Ltd. is planning an offering of dollar-denominated senior fixed-rate notes, according to a notice.

The offering is subject to market conditions and investor interest.

Deutsche Bank, UBS, Citi, China Industrial Securities International, Guotai Junan International, Haitong International, ICBC International and SPDB International will act as joint bookrunners and joint lead managers for the Regulation S offering.

Proceeds will be used to refinance existing debt.

The property developer of mid-market to high-end residential properties is based in Guangzhou, China.

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