[ET Net News Agency, 8 January 2020] Logan Property Holdings Company Limited (03380)
said the company will issue senior notes in the aggregate principal amount of US$300
million, which will mature on 14 January 2025.
The offering price will be 100% of the principal amount of the notes. The notes will
bear interest from and including 14 January 2020 at the rate of 5.75% per annum, payable
semi-annually in arrears on 14 January and 14 July of each year, commencing on 14 July
2020.
The company intends to use the net proceeds for refinancing its existing indebtedness.
(RC)