New York, Jan. 12 – S E A Holdings Ltd. priced $200 million of 4.5% guaranteed notes due 2020 at par, according to a notice from the company.
Credit Suisse Securities (Europe) Ltd., Hongkong and Shanghai Banking Corp. Ltd., China Everbright Bank Co., Ltd., Hong Kong Branch, DBS Bank Ltd., MUFG Securities EMEA plc and Standard Chartered Bank were lead managers for the Regulation S sale.
The notes were sold through S E A’s New Rose Investments Ltd. issuing subsidiary.
Proceeds will be used for corporate purposes, which may include future property development, property investment or other investment opportunities.
S E A Holdings is a Hong Kong based holding company with subsidiaries active in real estate development and investment and garment manufacturing.
| Issuer: | New Rose Investments Ltd.
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| Guarantor: | S E A Holdings Ltd.
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| Issue: | Guaranteed notes
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| Amount: | $200 million
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| Maturity: | Jan. 19, 2020
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| Coupon: | 4.5%
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| Price: | Par
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| Yield: | 4.5%
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| Call: | Make-whole call
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| Pricing date: | Jan. 12
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| Settlement date: | Jan. 19
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| Lead managers: | Credit Suisse Securities (Europe) Ltd., Hongkong and Shanghai Banking Corp. Ltd., China Everbright Bank Co., Ltd., Hong Kong Branch, DBS Bank Ltd., MUFG Securities EMEA plc and Standard Chartered Bank
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| Distribution: | Regulation S
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