trending Market Intelligence /marketintelligence/en/news-insights/trending/jnrmd09mevtmx8fqpzsnbq2 content esgSubNav
In This List

Central China Real Estate to issue US$86M of senior notes

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Central China Real Estate to issue US$86M of senior notes

Central China Real Estate Ltd. plans to issue an additional US$86 million of 6.875% senior notes due Oct. 23, 2020, which will be consolidated with an earlier issuance in the series worth US$300 million.

The new notes will offered at a price equal to 99.0745% of the principal amount, plus accrued interest from and including April 23 but excluding June 5.

Net proceeds from the additional notes will be used to refinance debt and for general corporate purposes.

Credit Suisse, Haitong International and Morgan Stanley are the initial purchasers, joint book runners and joint lead managers of the additional issue.