Published on 6/3/2022 in the Prospect News Emerging Markets Daily.
New Issue: China’s Datang Group sells $283.95 million 12½% notes due 2023
By Rebecca Melvin
Concord, N.H., June 3 – Datang Group Holdings Ltd. priced $283.95 million of 12½% one-year notes, according to a listing announcement.
The notes were issued on Wednesday and will be listed on the Singapore Exchange on Monday.
The property development company is based in Xiamen, China.
| Issuer: | Datang Group Holdings Ltd.
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| Amount: | $283.95 million
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| Issue: | Senior notes
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| Maturity: | May 31, 2023
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| Coupon: | 12½%
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| Issue date: | June 1
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| Listing date: | June 6
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| ISIN: | XS2483266115
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