By Wendy Van Sickle
Columbus, Ohio, April 9 – Agile Group Holdings Ltd. subsidiary Guangzhou Panyu Agile Realty Development Co., Ltd. issued RMB 1.45 billion of 5.3% three-year domestic corporate bonds to institutional investors in China on Friday, according to a notice.
The issuer will have a coupon adjustment right and the holders will have a put right at the end of the first and second years.
Shenwan Hongyuan Securities Co., Ltd. acted as lead underwriter, and Guotai Junan Securities Co., Ltd. and Hua Ying Securities Co., Ltd. acted as joint underwriters.
The property developer is based in Hong Kong.
| Issuer: | Guangzhou Panyu Agile Realty Development Co., Ltd.
|
| Issue: | Domestic corporate bonds
|
| Amount: | RMB 1.45 billion
|
| Tenor: | Three years
|
| Lead underwriter: | Shenwan Hongyuan Securities Co., Ltd.
|
| Joint underwriters: | Guotai Junan Securities Co., Ltd. and Hua Ying Securities Co., Ltd.
|
| Coupon: | 5.3%, adjustable by company at end of first and second years
|
| Put right: | At end of first and second years
|
| Settlement date: | April 9
|
© 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.
