December 19, 2016 / 3:12 PM / 7 months ago

BRIEF-CIFI Holdings entered into subscription agreements

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Dec 19 (Reuters) - Cifi Holdings Group Co Ltd :

* Entered into subscription agreements with, each of subscribers, in connection with issue of US$285 mln 5.5% senior notes due 2022

* Co intends to use net proceeds of 2017 notes placement for refinancing its existing indebtedness and general corporate purposes

* Estimated net proceeds of 2017 notes placement will amount to approximately US$278 mln Source text for Eikon: Further company coverage:

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