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.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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