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Published on 6/17/2019 in the Prospect News Emerging Markets Daily and Prospect News Green Finance Daily.

New Issue: Landsea Green Group sells $200 million of three-year 10½% green notes

By Devika Patel

Knoxville, Tenn., June 17 – Landsea Green Group Co., Ltd. priced $200 million of three-year 10½% green senior notes on Monday, according to a press release.

The notes were sold at 98.134.

Proceeds will be used for refinancing green bonds.

Landsea is a Nanjing, China-based investment holding company with four segments: property investment, property development and trading, securities investment and securities trading and provision of financial services.

Issuer:Landsea Green Group Co., Ltd.
Description:Green senior notes
Amount:$200 million
Maturity:June 20, 2022
Coupon:10½%
Price:98.134
Trade date:June 17

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