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BRIEF-China Evergrande proposes issuance of 9.50% US$ senior notes due 2024
March 24, 2017 / 1:00 AM / 5 months ago

BRIEF-China Evergrande proposes issuance of 9.50% US$ senior notes due 2024

March 24 (Reuters) - China Evergrande Group:

* Proposed Issuance Of 9.50% US$ Senior Notes Due 2024

* Proposes to conduct an international offering of us$ senior notes due 2024 with an aggregate principal amount of up to us$1 billion

* Company intends to use proceeds of notes to refinance existing indebtedness of group

* Intends to seek a listing of notes on SGX-ST

* No binding agreement in relation to proposed notes issue has been entered into Source text for Eikon: Further company coverage:

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