On 19th Dec 2018, Admiralty Harbour acted as a Joint Bookrunner for the US$200m 11.5% 1.5-year senior bond offering (the “Notes”) for Ronshine China Holdings Limited (3301.HK, the “Company” or “Ronshine China”).
The Notes are directly issued by the Company. The issuer is rated B2/B/B+(Moody’s/S&P/Fitch) and the issue rating is B+ (Fitch). Use of proceeds will be used to refinance certain of the company's existing indebtedness.
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 the 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.