[ET Net News Agency, 20 April 2018] Shui On Land (00272) said it agreed to further
issue Rmb600 million 6.785% senior notes due 2021 which will be consolidated and form a
single series with the original notes issued on 2 March.
The offer price will be 100.25% of the principal amount of the additional notes.
The estimated net proceeds of about Rmb595 million will be used to repay existing
indebtedness with near term maturities and the remainder to fund capital expenditures.
(HL)