By Rebecca Melvin
New York, Dec. 15 – Future Land Development Holdings Ltd. issued $450 million of 4.8% notes due 2024 on Tuesday, according to a notice.
The notes were issued via funding vehicle New Metro Global Ltd.
Haitong International Securities Co. Ltd., CMB International Capital Ltd., CLSA Ltd. and Seazen Resources Securities Ltd. were the lead managers and bookrunners.
New Metro is a debt vehicle based in the British Virgin Islands and a subsidiary of Hong Kong-based real estate developer Future Land Development Holdings.
| Issuer: | New Metro Global Ltd.
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| Issue: | Notes
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| Amount: | $450 million
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| Maturity: | 2024
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| Bookrunners: | Haitong International Securities Co. Ltd., CMB International Capital Ltd., CLSA Ltd. and Seazen Resources Securities Ltd.
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| Coupon: | 4.8%
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| Issue date: | Dec. 15
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