[ET Net News Agency, 18 May 2018] China South City (01668) said it agreed to issue
US$150 million 10.875% senior notes due 2020.
The offering price of the notes will be 99.654% of the principal amount.
The estimated net proceeds of about US$147.69 million will be used primarily to
refinance existing indebtedness in relation to the construction and development of our
projects and for general corporate purposes. (HL)