By Angela McDaniels
Tacoma, Wash., Sept. 18 – Eastern Property Holdings Ltd. priced $130 million of 5½% bonds due 2023 at par, according to a company news release.
Valartis Bank (Liechtenstein) AG is the lead manager.
The issue is expected to settle Tuesday.
Eastern Property is a Swiss-listed, British Virgin Islands-based real estate development and investment company focusing on Russia. It is managed by Valartis International Ltd., a wholly owned subsidiary of Valartis Group AG.
| Issuer: | Eastern Property Holdings Ltd.
|
| Issue: | Bonds
|
| Amount: | $130 million
|
| Maturity: | 2023
|
| Manager: | Valartis Bank (Liechtenstein) AG
|
| Coupon: | 5½%
|
| Price: | Par
|
| Pricing date: | Sept. 18
|
| Settlement date: | Sept. 23
|
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