Logan Property issues its third bond of 2018
19 Apr 2018USD300m, coupon 6.875%, due 24 April 2021 (callable from 24 April 2020). Reoffer 99.667, yield 7.00%. Settle 24 April 2018 (T+4). Issuer Logan Property Holdings Company Limited (3380.HK). Subsidiary guarantors certain offshore subsidiaries of the issuer. Snr unsecured. Issuer ratings Ba3/BB-/BB-. Expected Issue rating BB- (Fitch).
