By Sarah Lizee
Olympia, Wash., July 8 – Lifestyle International Holdings Ltd. subsidiary LS Finance (2017) Ltd. sold $300 million 4 7/8% guaranteed bonds due 2024 at par on Monday, according to a notice.
Lifestyle International guarantees the bonds.
J.P. Morgan Securities plc is the global coordinator, lead manager and bookrunner for the Regulation S bonds.
Proceeds will be used for general corporate purposes and replenishment of cash.
Lifestyle International is a retail operator based in Hong Kong.
Issuer: | LS Finance (2017) Ltd.
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Amount: | $300 million
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Maturity: | 2024
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Description: | Guaranteed bonds
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Bookrunner: | J.P. Morgan Securities plc
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Coupon: | 4 7/8%
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Price: | Par
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Yield: | 4 7/8%
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Trade date: | July 8
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Distribution: | Regulation S
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