HONG KONG: Agile Group Holdings Limited has proposed to conduct an international offering of guaranteed senior notes to non-US persons outside the US in offshore transactions.
Agile Group Holdings Limited is one of the leading property developers in the China and is principally engaged in the development of large-scale mixed-use property projects, with extensive presence in the businesses of property management, hotel operations, property investment, environmental protection and construction.
The company intends to use the net proceeds mainly for refinancing certain existing indebtedness including without limitation, debt obligation to certain initial purchasers. The company may adjust the foregoing plans in response to changing market conditions and thus, reallocate the use of proceeds.[the_ad id=”31605″]