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The latest announcement is out from Greentown China Holdings ( (HK:3900) ).
Greentown China Holdings Limited has announced a proposed international offering of additional USD denominated 8.45% senior notes due 2028. These new notes will form a single series with previously issued notes, with proceeds intended to refinance existing debt. The offering’s completion is contingent on market conditions and investors’ interest, with Deutsche Bank and HSBC acting as joint coordinators. The notes will not be offered in the United States or Hong Kong, and listing on the Stock Exchange is being sought.
More about Greentown China Holdings
Greentown China Holdings Limited is a company incorporated in the Cayman Islands, primarily operating in the real estate industry. It focuses on the development and management of residential properties, and its market activities are prominently based around the issuance of financial instruments such as senior notes.
YTD Price Performance: -18.08%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.07B
See more data about 3900 stock on TipRanks’ Stock Analysis page.
