TC

30/07/2014 11:44

LT Comm Real Est (00112) to place up to HK$400m bonds

    LT Commercial Real Estate (00112) said it agreed to place eight-year 8% coupon bonds with an aggregate principal amount of up to HK$400 million.
  The net proceeds of about HK$384 million will be used for financing the development of real estate projects and as general working capital of the Group.
  China Galaxy International Securities (Hong Kong) Co., Limited acts as the placing agent for the placing of bonds. 

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