Shui On Land Guarantees $300 Million Note Issuance by Subsidiary

Deep News
01/20

Shui On Land (00272) announced that on January 19, 2026, the company and its wholly-owned subsidiary, Shui On Development, entered into a purchase agreement with UBS and J.P. Morgan concerning Shui On Development's issuance of $300 million in aggregate principal amount of 9.75% notes due 2029.

The net proceeds from the note issuance, amounting to approximately $291 million, are intended to be used to pay the consideration and/or expenses payable by Shui On Development under a concurrent tender offer; and the remaining balance, if any, will be used for refinancing other existing indebtedness and for general corporate purposes.

The company acts as the guarantor for Shui On Development's obligations under the notes and the indenture.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10