[ET Net News Agency, 31 July 2019] Dexin China Holdings Company Limited (02019) said
the company will issue senior notes in the aggregate principal amount of US$200 million on
6 August 2019, which will mature on 6 August 2021.
The notes will bear interest at a rate of 12.875% per annum, payable semi-annually in
arrears on 6 February and 6 August of each year, commencing on 6 February 2020. The offer
price will be 98.095% of the principal amount of the notes.
The net proceeds will be used by the company for refinancing its existing onshore
indebtedness and working capital purposes. (RC)