PRC real estate developer in debt offering

    | BY

    clpstaff &clp articles

    The Yanlord Land Group has issued a US$300 million Rule 144A/Reg S offering of its 9.5% senior notes due 2017. This was Yanlord's debut offering of non-convertible…

    The Yanlord Land Group has issued a US$300 million Rule 144A/Reg S offering of its 9.5% senior notes due 2017. This was Yanlord's debut offering of non-convertible debt securities. HSBC, The Royal Bank of Scotland and Standard Chartered Bank were the initial purchasers for the offering.

    The issuer is a real estate company that specialises in developing fully-fitted residential properties, and commercial and integrated properties in high-growth cities in five key economic regions in China.

    This premium content is reserved for
    China Law & Practice Subscribers.

    • A database of over 3,000 essential documents including key PRC legislation translated into English
    • A choice of newsletters to alert you to changes affecting your business including sector specific updates
    • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
    For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]