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China SCE Property eyes senior notes, taps eight banks as bookrunners
By Wendy Van Sickle
Columbus, Ohio, April 9 – China SCE Property Holdings Ltd. is proposing an issue of senior notes, according to a company announcement.
Deutsche Bank, Morgan Stanley, China CITIC Bank International, CLSA, Guotai Junan International, Haitong International, HSBC and VTB Capital will be the joint lead managers and joint bookrunners for the Regulation S deal. Deutsche Bank and Morgan Stanley are also the global coordinators.
Proceeds will be used to refinance existing debt and for working capital purposes.
China SCE is a property developer based in Xiamen, China.
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