[ET Net News Agency, 31 October 2019] Zhenro Properties Group Limited (06158) said the
company will issue senior notes in the aggregate principal amount of US$300 million, which
will mature on 6 May 2023.
The offering price of the notes will be 100.0% of the principal amount of the notes. The
notes will bear interest from and including 6 November 2019 at a rate of 9.15% per annum
payable semi-annually in arrears on 6 May and 6 November of each year, commencing on 6 May
2020.
The company intends to use the net proceeds for refinancing its existing indebtedness,
including, without limitation, certain existing notes. (RC)