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03380 LOGAN GROUP
RTNominal unchange0.485 0.000 (0.000%)
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19/04/2018 09:21

Logan Property (03380) to issue US$300m senior notes

[ET Net News Agency, 19 April 2018] Logan Property (03380) said it agreed to issue
US$300 million 6.875% senior notes due 2021.
The estimated net proceeds of about US$297 million will be applied for refinancing its
existing indebtedness and for general corporate purposes.
Credit Suisse, Deutsche Bank, Guotai Junan International, Haitong International,
Standard Chartered Bank, China Industrial Securities International, China Minsheng Banking
Corp., Ltd., Hong Kong Branch, VTB Capital and Orient Securities (Hong Kong) are the joint
bookrunners and the joint lead managers in respect of the offer and sale of the notes.
(HL)

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