Hong Kong-based Century Sunshine adds guarantors under MTN program

By Marisa Wong

Madison, Wis., July 24 – Century Sunshine Group Holdings Ltd. announced it added new guarantors to its S$300 million multicurrency medium-term note program on Thursday.

The new guarantors are Acme Century International Ltd., Path Rich Holdings Ltd., Zone Advance Ltd., Step Grace Ltd., China Clean Energy Corp. Ltd. and Madrone Investment Management Ltd.

The original guarantors are Capital Idea Investments Ltd., Fullocean Group Ltd., Bright Stone Group Ltd., Gold Strategy Investments Ltd., Fly Union Ltd., New Bright Group Ltd., Century Sunshine Ecological Technology Ltd., Blue Atlantic International Ltd., Ming Xin Developments Ltd. and Century Sino Technology Ltd.

As of Friday, the company has issued S$75 million of 7.2% fixed-rate notes due 2018 under the program.

The issuer is a Hong Kong-based bio-organic fertilizer company.

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