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Ronshine China eyes add-on to its 8¼% notes due 2021
By Wendy Van Sickle
Columbus, Ohio, July 9 – Ronshine China Holdings Ltd. announced plans to price an add-on of notes to form one series with its 8¼% senior notes due 2021 that it issued in February, according to company news release.
Ronshine will offer the new bonds at the same terms and conditions as its $425 million of notes issued on Feb. 1 and Feb. 12.
Joint bookrunners and lead managers of the Regulation S deal are Haitong International, CEB International, China Industrial Securities International and Southwest Securities International.
The proceeds will be used for refinancing existing debt.
Ronshine is a property developer based in Fuzhou, China.
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