PRC real estate developer in convertible securities offering

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    PRC real estate developer, Franshion Properties (China), a subsidiary of Sinochem Corporation, has made a private placement offering of US$600 million…

    PRC real estate developer, Franshion Properties (China), a subsidiary of Sinochem Corporation, has made a private placement offering of US$600 million perpetual subordinated convertible securities.

    Boci Asia, Deutsche Bank, JP Morgan Securities and Standard Chartered Bank were the placing agents on the transaction.

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