trending Market Intelligence /marketintelligence/en/news-insights/trending/5mjbautcngiry05pvx5xdq2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Modern Land issues US$150M of senior notes to join October US$350M bond issuance

L.K. Bennett: Bankruptcy Case Study

State Of Singapore Online Video Subscription

Power Forecast Briefing: Capacity Shortfalls to Test the Renewable Energy Transition

Episode 43 - More Change, M&A On Horizon For Equity Research Industry


Modern Land issues US$150M of senior notes to join October US$350M bond issuance

Modern Land (China) Co. Ltd. issued US$150.0 million worth of 6.875% senior notes due 2019, which will be consolidated to form a single series with its previous issuance of green bonds worth US$350.0 million in October.

The latest senior notes issued by the company will be offered at a price reflecting 98.193% of the principle amount of the notes, with accrued interest from Oct. 20, 2016, to Jan. 6, 2017, excluding the latter date.

The notes will be listed on Singapore Exchange Securities Trading Ltd.'s official list, just as the bonds from the first issuance are, and the company gained approval from the stock exchange listing and quotation of the new bonds.

Guotai Junan Securities (Hong Kong) Ltd. serves as the sole global coordinator, joint lead manager and joint book runner for the offering, while Zhongtai International Securities Ltd. is a joint lead manager and joint book runner for the issuance.