[ET Net News Agency, 22 June 2018] Shimao Property (00813) said it agreed to issue
additional Rmb1,200 million senior notes due 2021, to be consolidated and form a single
series with the Rmb950 million 5.75% senior notes due 2021 issued on 15 March.
The company intends to use the net proceeds outside the PRC to refinance its existing
indebtedness and for business development and other general corporate purposes. (HL)