[ET Net News Agency, 8 January 2020] CIFI Holdings (Group) Co. Ltd. (00884) said the
company will issue senior notes in the aggregate principal amount of US$400 million, which
will mature on 16 July 2025.
The offering price of the notes will be 100% of the principal amount of the notes. The
notes will bear interest from (and including) 16 January 2020 at the rate of 6.0% per
annum, payable semi-annually in arrears on 16 January and 16 July of each year, commencing
on 16 July 2020.
The company intends to use the net proceeds for refinancing its existing indebtedness.
(RC)