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China’s Modern Land plans to offer dollar-denominated green notes
New York, Jan. 4 – Modern Land (China) Co., Ltd. plans to sell dollar-denominated green senior notes, according to a notice.
Deutsche Bank AG, Singapore Branch, Guotai Junan International, Morgan Stanley & Co. International plc, Credit Suisse (Hong Kong) Ltd., HSBC, UBS AG Hong Kong Branch, Haitong International Securities Co. Ltd., BofA Securities, Nomura International (Hong Kong) Ltd. and HeungKong Financial are the joint global coordinators, joint bookrunners and joint lead managers for the Regulation S transaction. Deutsche Bank and HSBC are joint green structuring advisers.
Proceeds will be used to refinance debt.
Beijing-based Modern Land is a property developer focusing on the development of green, energy-saving and eco-friendly residences in China.
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