By Rebecca Melvin
New York, Jan. 26 – Westwood Group Holdings Ltd. has listed $50 million more 2.8% senior notes due 2026, according to an announcement.
The notes, which are guaranteed by Yuexiu Property Co Ltd., will be consolidated to form a single series with the $600 million of the notes issued on Jan. 20.
CLSA Ltd. is manager of the Regulation S deal.
Yuexiu is a Guangdong, China-based property developer, and Westwood is a special purpose subsidiary for issuing debt.
| Issuer: | Westwood Group Holdings Ltd.
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| Guarantor: | Yuexiu Property Co. Ltd.
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| Securities: | Guaranteed notes
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| Amount: | $50 million add on
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| Maturity: | 2026
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| Manager: | CLSA Ltd.
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| Coupon: | 2.8%
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| Pricing date: | Jan. 21
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| Listing date: | Jan. 27
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| Distribution: | Regulation S
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| Total issue size: | $650 million, including $600 million issued on Jan. 20
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