Xin Lang Cai Jing·2026-02-27 01:13Core Viewpoint - New City Development Holdings Limited and New City Holdings Group successfully issued a bond worth 355 million USD with a 3-year maturity and an interest rate of 11.8% [6][12][13]. Group 1: Bond Issuance Details - The bond issued is classified as a senior unsecured bond with a maturity period of 3 years and a coupon rate of 11.8% [13]. - The joint global coordinators for this bond issuance are Citigroup and Haitong International, while Dragonstone Capital serves as the joint bookrunner [6][14]. Group 2: Company Overview - New City Development is focused on building a happy life through its investment operations, which include residential development, commercial development, commercial operation management, and related equity investments and asset management [6][14]. - The "New City System" comprises three publicly listed companies: New City Holdings (601155.SH), New City Development (01030.HK), and New City Joy Service (01755.HK) [6][14].