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17 — New World Development News Story

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Brief: New World Development Says Exchange Offer Includes $600 Million 4.75% Notes Due Jan 2027

BRIEF-New World Development Says Exchange Offer Includes $600 Million 4.75% Notes Due Jan 2027

- New World Development Company Limited 0017.HK:

  • EXCHANGE OFFER INCLUDES $600 MILLION 4.75% NOTES DUE JAN 2027

  • MAXIMUM NEW VD NOTES CAP EXPECTED TO BE $600 MILLION

  • MAXIMUM NEW VD NOTES SUB CAP FOR EXISTING 2028 NOTES IS $200 MILLION

  • NEW VD BONDCO IS NEWLY INCORPORATED SPECIAL PURPOSE TREASURY MANAGEMENT VEHICLE & UNIT OF CO

Further company coverage: 0017.HK


((Reuters.Briefs@thomsonreuters.com;))

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