Shui On Land Unit Completes $300 Million Bond Offering

MT Newswires Live

01/26

Shui On Land (HKG:0272) said its wholly owned unit, Shui On Development, completed the previously announced sale of $300 million senior notes, according to a Hong Kong bourse filing Monday.

The notes are due 2029 and carry an interest rate of 9.75% per annum.

The funds were earmarked for the repurchase of the company's previously issued notes.

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