New Issue-China South City sells $250 mln in senior notes

Jan 7 (BestGrowthStock) – China South City Holdings Ltd (1668.HK: )
on Friday sold $250 million of senior notes in the 144a private
placement market, said IFR, a Thomson Reuters service.

Bank of China International and UBS were the joint
bookrunning managers for the sale.
BORROWER: CHINA SOUTH CITY HOLDINGS LTD
AMT $250 MLN COUPON 13.50 PCT MATURITY 1/14/2016
TYPE SR NTS ISS PRICE 97.381 FIRST PAY 7/14/2011
MOODY’S B2 YIELD 14.25 PCT SETTLEMENT 1/14/2011
S&P SINGLE-B SPREAD N/A PAY FREQ SEMI-ANNUAL
FITCH N/A NON-CALLABLE 3 YRS*
* MAKE-WHOLE CALL