[ET Net News Agency, 7 January 2020] Yuzhou Properties Company Limited (01628) said the
company will issue senior notes in the aggregate principal amount of US$645 million, which
will mature on 13 January 2026.
The offer price of the notes will be 100% of the principal amount of the notes. The
notes will bear interest from and including 13 January 2020 at a rate of 7.375% per annum,
payable semi-annually in arrears on 13 July and 13 January of each year, commencing 13
July 2020.
The company intends to use the net proceeds for refinancing its existing medium to long
term offshore indebtedness, which will become due within one year. (RC)