By Wendy Van Sickle
Columbus, Ohio, Dec. 3 –VCredit Holdings Ltd. sold $85 million 11% senior notes due 2022, according to a listing notice with the Stock Exchange of Hong Kong.
The Regulation S notes are guaranteed by Asia Jumbo Group Ltd. and Vision Credit Ltd.
Based in Hong Kong, the company offers microloans, financing guarantees, financial leasing and other services.
| Issuer: | VCredit Holdings Ltd.
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| Guarantors: | Asia Jumbo Group Ltd. and Vision Credit Ltd.
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| Amount: | $85 million
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| Maturity: | 2022
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| Coupon: | 11%
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| Listing date: | Dec. 4
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| Distribution: | Regulation S
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