[ET Net News Agency, 7 January 2020] KWG Group Holdings Limited (01813) said it will
issue senior notes in the aggregate principal amount of US$300 million, which will mature
on 13 January 2027.
The offering price of the notes will be 100% of the principal amount of the notes. The
notes will bear interest at a rate of 7.40% per annum, payable semi-annually in arrear on
13 January and 13 July of each year, commencing on 13 July 2020.
The company intends to use the net proceeds of the notes issue to refinance certain of
the company's existing indebtedness. (RC)