Greentown China Holdings (HKG:3900) has proposed to issue additional US dollar-dominated bonds to finance its existing indebtedness and to buy back certain outstanding bonds, a Tuesday bourse filing said.
The new 8.45% senior bonds due 2028 will form a single series with the company's previously disclosed $350 million 8.45% senior notes due 2028 to be issued on Feb. 24.
The new bonds will be offered outside the US, the filing said
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.