188bet online sports betting (Asia): Proposed issuance of senior guaranteed perpetual capital securities

Great Scenic Area Author of this article: China.com Real Estate 2020-07-06
The net proceeds will be used to refinance overseas debt.

July 6,188bet online sports betting (Asia) issued an announcement,The company proposes to issue senior guaranteed perpetual capital securities。The securities (if issued) will be unconditionally and irrevocably guaranteed by the guarantor。

188bet online sports betting (Asia) has appointed China Everbright Bank Hong Kong Branch、DBS Bank Limited、CICC and CMB International are the joint global coordinators of the securities issuance、Joint bookrunners and joint lead managers and appointed ABC International、BOCI、CCB International、CITIC Bank (International)、China Minsheng Bank Co., Ltd.、CLSA Securities、Guotai Junan International、HSBC、ICBC、OCBC Bank、Orient Securities (Hong Kong) and Shanghai Pudong Development Bank are the joint bookrunners and joint lead managers。

188bet online sports betting (Asia) intends to use the net proceeds from the securities issuance to refinance existing overseas debt。Also,188bet online sports betting (Asia) will apply to the Stock Exchange for approval to issue, list and trade securities in the form of debt issuance only to professional investors。

*Source of this article:China.com Real Estate, original title:188bet online sports betting (Asia): Proposed issuance of senior guaranteed perpetual capital securities》.


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