[ET Net News Agency, 17 July 2019] Ronshine China Holdings Limited (03301) said it will
issue senior notes in the aggregated principal amount of US$300 million, which will mature
on 22 January 2023.
The interest rate is 8.95% per annum, payable semi-annually in arrears on 22 January and
22 July 22 each year, beginning on 22 January 2020. The offer price is 100% of the
principal amount of the notes.
The company plans to use the net proceeds from this offering to refinance certain
existing indebtedness of the company. (RC)