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Central China Real Estate plans dollar-denominated senior notes
By Marisa Wong
Morgantown, W.Va., Feb. 26 – Central China Real Estate Ltd. is proposing an international offering of dollar-denominated senior notes (B1), according to a company announcement.
Credit Suisse, Deutsche Bank, Guotai Junan International, Haitong International, Morgan Stanley and VTB Capital are the joint bookrunners and joint lead managers for the Regulation S deal.
The company intends to use the proceeds to repay existing debt.
The investment holding company is based in Zhengzhou City, China, and primarily engages in property development in China’s Henan Province.
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