July 12, 2017 / 1:19 AM / 2 months ago

BRIEF-Greentown China enters subscription agreement

July 12 (Reuters) - Greentown China Holdings Ltd

* entered subscription agreement, in connection with senior perpetual capital securities issue in aggregate amount of $450 million

* Co estimates that net proceeds from senior perpetual capital securities issue will be about usd445.8 million

* Intends to use net proceeds of senior perpetual capital securities issue to refinance existing indebtedness Source text for Eikon: Further company coverage:

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