Admiralty Harbour is a credit-focused financial services firm based in Hong Kong.
Admiralty Harbour completes US$324mm bond offering for Ronshine China
Dec 2019
On 3rd December 2019, Admiralty Harbour acted as a Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager for the US$324m 8.10% 3.5-year senior note (the "Notes") offering for Ronshine China Holdings Limited (3301.HK, the "Company" or "Ronshine China"). 

The transaction received strong support from high quality investment institutions. On the back of strong order book of USD2.5 billion, the Notes were priced at 8.1% 45bps tightening from the IPG.

This collaboration is Admiralty Harbour's second deal with Ronshine China. Admiralty Harbour also participated in the Company’s issuance of USD 200 million senior notes in December 2018 as a  Joint Global Coordinator and Joint Bookrunner.

About Ronshine China
Ronshine China Holdings Limited (the "Group" or "Ronshine Group"), founded in 2003 and headquartered in Shanghai was listed on the Main Board of HKSE in January 2016 (3301.HK), and was added to the MSCI Index and the Hang Seng Composite Index in the same year. Currently present in nine major urban area across China (Western Coastal Region, Yangtze River Delta Economic Zone, Yangtze River Midstream Area, Greater Bay Area, Greater Beijing-Tianjin Area, Central Plain Area,Chengdu-Sichuan Area, The Northwest, Shandong Peninsula), Ronshine Group is built on the foundational values of integrity, and quality. Starting out as a real estate developer, Ronshine Group has grown to become a fully integrated real estate group delivering services such as property management, garden design and construction, and capital management. As of June 30th 2019, the Group is present in 43 cities, with a total of 177 projects, total land bank over 26.54 million square meters, positioning the Group among the top 20 developers in China.