New York, Sept. 16 - Country Garden Holdings Ltd. priced a $75 million add on to its five-year senior notes (Ba3/BB) at 100.915.
JPMorgan was the bookrunner for the Rule 144A and Regulation S offering.
The original $300 million was priced at par on Sept. 2.
The Hong Kong-based property developer will use the proceeds to fund property projects and construction and for general corporate purposes.
Issuer: | Country Garden Holdings
|
Amount: | $75 million
|
Maturity: | Sept. 10, 2014
|
Security description: | Add on to senior notes
|
Bookrunner: | JPMorgan
|
Coupon: | 11¾%
|
Price: | 100.915
|
Call protection: | Non-callable
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Trade date: | Sept. 16
|
Settlement date: | Sept. 23
|
Ratings: | Moody's: Ba3
|
| Standard & Poor's: BB
|
Distribution: | Rule 144A/Regulation S
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