March 8, 2018 / 11:10 PM / 2 months ago

BRIEF-Shimao Property Announces Issue Of CNY950 Mln 5.75% Senior Notes Due 2021

March 9 (Reuters) - Shimao Property Holdings Ltd:

* Issuance Of CNY950 Million 5.75% Senior Notes Due 2021

* ESTIMATED NET PROCEEDS OF NOTES ISSUE ABOUT CNY937 MILLION

* ‍INTENDS TO USE NET PROCEEDS OF NOTES ISSUE TO REFINANCE ITS EXISTING INDEBTEDNESS AND FOR BUSINESS DEVELOPMENT​ Source text for Eikon: Further company coverage:

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