[ET Net News Agency, 23 July 2019] KWG Group Holdings Limited (01813) said the company
will issue senior notes in the aggregate principal amount of US$300 million, which will
mature on 5 March 2024.
The notes will bear interest at a rate of 7.4% per annum, payable semi-annually in
arrear on 5 March and 5 September of each year, commencing on 5 September 2019. The
offering price will be 99.819% of the principal amount of the notes.
The company intends to use the net proceeds to refinance certain of the company's
existing indebtedness. (RC)