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Future Land plans senior notes issuance

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Future Land plans senior notes issuance

Shanghai-based real estate developer Future Land Development Holdings Ltd. is planning to issue an as yet undetermined amount of U.S. dollar-denominated senior notes.

Future Land intends to use the net proceeds to settle outstanding debt and for general corporate purposes.

Deutsche Bank AG Singapore branch, Merrill Lynch (Asia Pacific) Ltd., Huatai Financial Holdings (Hong Kong) Ltd., UBS AG Hong Kong Branch, Credit Suisse (Hong Kong) Ltd. and Future Land Resources Securities Ltd. will be the joint global coordinators and joint book runners for the planned issuance.