Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Real-Time Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
01918 SUNAC
RTNominal down36.400 -0.300 (-0.817%)
Others

07/07/2020 15:25

Sunac (01918) to issue senior notes

[ET Net News Agency, 7 July 2020] Sunac China Holdings Limited (01918) said the company
will issue (1) the July 2023 notes in the aggregate principal amount of US$600 million,
which will mature on 9 July 2023 and (2) the July 2025 notes in the aggregate principal
amount of US$400 million, which will mature on 9 July 2025.
The issue price of the July 2023 notes will be 99.331% of the principal amount thereof.
The issue price of the July 2025 notes will be 98.762% of the principal amount thereof.
The July 2023 notes will bear interest from and including 9 July 2020 at the rate of
6.5% per annum, payable semi-annually in arrears on 9 January and 9 July of each year,
commencing on 9 January 2021. The July 2025 notes will bear interest from and including 9
July 2020 at the rate of 7.0% per annum, payable semi-annually in arrears on 9 January and
9 July of each year, commencing on 9 January 2021.
The proceeds are intended to be used for refinancing the group's mid-term and long-term
offshore indebtedness which matures within a year. (RC)

Remark: Real time quote last updated: 11/08/2020 17:58
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2020 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.