Hong Kong’s Shimao Property plans dollar notes via six bookrunners

By Wendy Van Sickle

Columbus, Ohio, Feb. 12 – Shimao Property Holdings Ltd. said it plans to issue dollar-denominated guaranteed senior notes.

China International Capital Corp., Deutsche Bank, Goldman Sachs, HSBC, Morgan Stanley and UBS are the joint bookrunners for the Regulation S offering.

Proceeds will be used to refinance certain existing debt and for business development and other general corporate purposes.

The real estate development company is based in Hong Kong.

© 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.