[ET Net News Agency, 21 June 2019] Hopson Development Holdings Limited (00754) said the
company will issue senior notes due 27 June 2022 in an aggregate principal amount of
US$500 million.
The interest rate is 7.5% per annum, payable semi-annually in arrears on 27 June and 27
December of each year. The first interest payment will be due on 27 December 2019. The
issue price is 100% of the principal amount of the senior notes.
The gross proceeds from the issue will be approximately US$499.9 million. The company
intends to use them for project investments, constructions, refinancing and general
corporate purposes. (RC)