China Jinmao Holdings Group Ltd. unit Franshion Brilliant Ltd. closed its 1.25 billion-yuan guaranteed senior notes offering.
The notes bear interest at 5.20% per year and are due March 8, 2021.
The diversified real estate developer said earlier that net proceeds will be used to refinance debt and for general corporate purposes.
As of March 7, US$1 was equivalent to 6.32 yuan.
