China’s Zhenro Properties eyes dollar-denominated senior notes

By Marisa Wong

Morgantown, W.Va., Sept. 19 – Zhenro Properties Group Ltd. is proposing to conduct an international offering of dollar-denominated senior fixed-rate notes (B3/B-), according to a notice.

Deutsche Bank, BNP Paribas, CEB International, China Industrial Securities International, CMB International, Haitong International, HSBC and UBS will act as bookrunners for the Regulation S offering.

Proceeds will be used to refinance existing debt.

The company is a real estate developer and property manager based in Shanghai.

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