General Announcement::Issuance of US$300 million 7.25% Senior Notes due 2023
Issuer & Securities
CENTRAL CHINA REAL ESTATE LIMITED
Date &Time of Broadcast
Announcement Sub Title
Issuance of US$300 million 7.25% Senior Notes due 2023
Submitted By (Co./ Ind. Name)
Description (Please provide a detailed description of the event in the box below)
On 15 April 2019, the Company, the Subsidiary Guarantors and the Subsidiary Guarantor Pledgors entered into the Purchase Agreement with BNP PARIBAS, Credit Suisse, DBS, Deutsche Bank, Haitong International and Morgan Stanley in connection with the issue of the Notes of US$300 million 7.25% senior notes due 2023.
The Notes will be offered outside the United States in reliance on Regulation S under the U.S. Securities Act. The Company intends to use the proceeds from the Proposed Notes Issue mainly for repaying its existing indebtedness.
Please refer to the announcement for further details.
Total size =130K