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01378 CHINAHONGQIAO
RTNominal up4.800 +0.090 (+1.911%)
Others

25/09/2019 09:01

China Hongqiao (01378) to issue US$200 million senior notes

[ET Net News Agency, 25 September 2019] China Hongqiao Group Limited (01378) said the
company will issue the senior notes in the aggregate principal amount of US$200 million
due 2023.
The issue price of the notes will be 99.987% of the principal amount of the notes. The
notes will bear interest from and including 2 October 2019 at the rate of 7.375% per
annum, payable semi-annually in arrears on 2 May and 2 November of each year, commencing 2
May 2020.
The company intends to apply the net proceeds from this offering for refinancing certain
existing indebtedness with the remainder for general corporate purposes. (RC)

Remark: Real time quote last updated: 17/01/2020 17:59
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