[ET Net News Agency, 9 March 2020] Zensun Enterprises Limited (00185) said the company
will issue US$200 million in aggregate principal amount of 12.5% senior notes due 2022.
The offering price will be 98.961% of the principal amount of the notes. The notes will
bear interest at the rate of 12.5% per annum, payable semi-annually in arrears on 13 March
and 13 September in each year, commencing on 13 September 2020.
The company intends to use the net proceeds to refinance existing indebtedness and for
project developments and general corporate purposes. (RC)