By Marisa Wong
Morgantown, W.Va., April 26 – Jiayuan International Group Ltd. priced $100 million of additional 8 1/8% senior secured notes due 2019 to be consolidated with the $250 million of 8 1/8% notes due 2019 issued on Jan. 18, according to a notice.
The notes are guaranteed by subsidiaries Jiayuan Investment Management Ltd., Guo Xiang Property Co., Ltd. and Hong Kong Jia Yuan Holdings Ltd.
Founder Securities (Hong Kong) Ltd. and Zhongrong PT Securities Ltd. are the joint bookrunners for the add-on.
The latest notes are expected to be listed on the Stock Exchange of Hong Kong Ltd. on April 27.
Jiayuan International is a property developer based in Hong Kong.
| Issuer: | Jiayuan International Group Ltd.
|
| Guarantors: | Jiayuan Investment Management Ltd., Guo Xiang Property Co., Ltd. and Hong Kong Jia Yuan Holdings Ltd.
|
| Issue: | Senior secured notes, add-on
|
| Amount: | $100 million
|
| Maturity: | 2019
|
| Bookrunners: | Founder Securities (Hong Kong) Ltd. and Zhongrong PT Securities Ltd.
|
| Coupon: | 8 1/8%
|
| Pricing date: | April 19
|
| Listing date: | April 27
|
| Total issuance: | $350 million, including $250 million issued on Jan. 18
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
