On 20th March 2019, Admiralty Harbour acted as a Joint Bookrunner for the US$200m 11.875% 2-year senior bond offering (the “Notes”) for China South City Holdings Limited (1668.HK, the “Company” or “China South City”).
The Notes are directly issued by the Company, both the issuer and the issue rating are B (Fitch). Use of proceeds is refinancing existing indebtedness and general corporate purposes.
About China South City
China South City Holdings Limited is the leading developer and operator of trade centers in China. The Company deliver infrastructure and services to help facilitate logistics and trade among wholesalers. The Company was listed on the Main Board of HKSE on September 30th, 2019, stock code: 1668.