智通财经网·2025-09-23 14:25Core Viewpoint - The company is planning to issue guaranteed senior notes valued in US dollars, backed by the company and its parent, New City Holdings, to raise funds for debt repayment and general corporate purposes [1] Group 1: Issuance Details - The subsidiary, New City Global Limited, intends to issue senior notes with a total principal amount of $160 million, maturing in 2027, with an interest rate of 11.88% [1] - The total proceeds from the note issuance are expected to be approximately $157 million [1] Group 2: Underwriters and Agreements - The company has entered into a purchase agreement with several initial buyers, including Haitong International Securities, Guotai Junan Securities (Hong Kong), and Citigroup Global Markets [1] - Other participating underwriters include CITIC Bank International, DBS Bank, Longstone Capital Management, and Songgang International Securities Group [1] Group 3: Use of Proceeds - The net proceeds from the note issuance will be used to repay existing debts and for general corporate purposes [1]