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Prospect News home > News index > List of issuers S > Headlines for Shimao Property Holdings Ltd. > News item
Published on 1/5/2016 in the Prospect News Emerging Markets Daily.

Hong Kong’s Shimao Property plans up to RMB 20 billion bonds

By Marisa Wong

Morgantown, W.Va., Jan. 5 – Shimao Property Holdings Ltd. said it plans to issue up to RMB 20 billion of domestic corporate bonds in tranches.

Proceeds will be used to refinance working capital, optimize the company’s capital structure and reduce finance costs.

The real estate development company is based in Hong Kong.


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