April 10, 2018 | Cbonds
April 10, 2018 Powerlong Real Estate will issue international bonds (XS1805359939) with a 6.95% for USD 350.0m maturing in 2021. Bonds were sold at a price of 99.204% with an initial yield of 7.38%. Bookrunner: Bank of America Merrill Lynch, Credit Suisse, Guotai Junan Securities, Industrial Bank, UBS. Depository: Euroclear Bank, Clearstream Banking S.A.
|Status||Country of risk||Redemption (offer)||Volume||Emission Rating (M/S&P/F)|
Company: Powerlong Real Estate
|Full company name||Powerlong Real Estate Holdings Limited|
|Country of risk||China|
|Country of registration||Cayman Islands|
|Industry||Construction and development|