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Greentown China Holdings ( (HK:3900) ) has issued an update.
Greentown China Holdings Limited has announced a proposed international offering of USD-denominated senior notes. The completion of this offering is contingent upon market conditions and investor interest, with proceeds intended for refinancing existing debt. Joint coordinators and managers, including Deutsche Bank and HSBC, will oversee the terms and conditions, which remain to be finalized. The notes will not be offered in the United States and will be listed on the Stock Exchange subject to certain conditions, though the offering may not materialize if these are not met.
More about Greentown China Holdings
Greentown China Holdings Limited is a company incorporated in the Cayman Islands, operating primarily in the real estate sector. It focuses on property development and related investments, with a market presence reflected in its operations and financial activities, as indicated by its stock code 03900.
YTD Price Performance: -17.77%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.95B
Learn more about 3900 stock on TipRanks’ Stock Analysis page.
