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Greentown China Holdings Issues $350 Million Senior Notes

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Greentown China Holdings Issues $350 Million Senior Notes

Confident Investing Starts Here:

Greentown China Holdings ( (HK:3900) ) just unveiled an announcement.

Greentown China Holdings Limited, a company incorporated in the Cayman Islands, announced the issuance of US$350 million in 8.45% senior notes due in 2028. The proceeds from this issuance will be used to refinance existing debts. The notes will be offered outside the United States in compliance with Regulation S and listed on the Stock Exchange for professional investors. The completion of this issuance is expected by 24 February 2025, pending certain conditions.

More about Greentown China Holdings

YTD Price Performance: -17.77%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.02B

See more insights into 3900 stock on TipRanks’ Stock Analysis page.

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