By Rebecca Melvin
Concord, N.H., June 9 – Lifestyle International Holdings Ltd. subsidiary LS Finance (2017) Ltd. priced $350 million 4.8% guaranteed bonds due 2026 at par on Wednesday, according to a notice.
Lifestyle International guarantees the bonds.
J.P. Morgan Securities plc, Standard Chartered Bank and UBS AG Hong Kong Branch are the joint global coordinators, joint lead managers and joint bookrunners of the Regulation S issue.
The proceeds will be for general corporate purposes and to refinance $300 million 4¼% guaranteed bonds due in 2022 issued by LS Finance (2022) Ltd.
Lifestyle International is a retailer based in Hong Kong.
| Issuer: | LS Finance (2017) Ltd.
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| Guarantor: | Lifestyle International Holdings Ltd.
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| Issue: | Guaranteed bonds
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| Amount: | $350 million
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| Maturity: | June 18, 2026
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| Bookrunners: | J.P. Morgan Securities plc, Standard Chartered Bank and UBS AG Hong Kong Branch
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| Coupon: | 4.8%
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| Price: | Par
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| Yield: | 4.8%
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| Trade date: | June 9
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| Distribution: | Regulation S
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