[ET Net News Agency, 10 January 2020] Central China Real Estate Limited (00832) said
the company will issue senior notes in the aggregate principal amount of US$200 million,
which will mature on 16 July 2024.
The offering price of the notes will be 99.06% of the principal amount of the notes. The
notes will bear interest from and including 16 January 2020 at the rate of 7.25% 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 to refinance the existing medium to long
term indebtedness. (RC)