Core Viewpoint - New City Development (01030.HK) announced that New City Global Limited plans to issue guaranteed senior notes denominated in US dollars, with a total principal amount of $355 million and an interest rate of 11.8%, maturing in 2029 [1] Group 1: Company Announcement - The purchase agreement for the issuance and sale of the senior notes was established with Citigroup Global Markets Limited, Haitong International Securities Company Limited, and Longstone Capital Management Limited as initial purchasers [1] - The issuance date is set for February 26, 2026 [1] Group 2: Market Performance - As of February 26, 2026, New City Development's stock closed at HKD 2.33, reflecting a decline of 4.9% [1] - The trading volume was 32.9571 million shares, with a total transaction value of HKD 78.0958 million [1] Group 3: Analyst Ratings - The majority of investment banks have a "Buy" rating for the stock, with one investment bank issuing a "Buy" rating in the last 90 days [1] - Cathay Haitong Securities Co., Ltd. provided the latest report recommending a "Buy" rating for New City Development [1] Group 4: Market Capitalization - New City Development has a market capitalization of HKD 17.796 billion, ranking 24th in the real estate development sector [1]

Core Viewpoint - New Metro Global Limited, a subsidiary of the company, is proposing an international offering of guaranteed senior notes denominated in US dollars, backed by the company [1] Group 1: Offering Details - The pricing of the notes, including the total principal amount, issue price, and interest rate, will be determined through a bidding process conducted by Citigroup Global Markets Limited and Haitong International Securities [1] - Following the finalization of the note terms, the issuer, the company, and the initial buyers listed will enter into a purchase agreement [1] Group 2: Use of Proceeds - The net proceeds from the proposed note issuance are intended to fund the simultaneous purchase offer for 2026, refinance existing debt, and for general corporate purposes [1]

Group 1 - The company New Metro Global Limited, a subsidiary of New City Development (01030), plans to issue guaranteed senior notes denominated in US dollars [1] - The pricing of the notes, including the total principal amount, issue price, and interest rate, will be determined through a bidding process led by Citigroup Global Markets Limited and Haitong International Securities Company [1] - The net proceeds from the proposed note issuance are intended to fund a concurrent tender offer for 2026, refinance existing debt, and for general corporate purposes [1]

Core Viewpoint - New Metro Global Limited, a subsidiary of the company, proposes an international offering of guaranteed senior notes denominated in US dollars, backed by the company [1] Group 1: Offering Details - The pricing of the notes, including the total principal amount, issue price, and interest rate, will be determined through a bidding process conducted by Citigroup Global Markets Limited and Haitong International Securities Company Limited [1] - Following the finalization of the note terms, the issuer, the company, and the initial buyers listed will enter into a purchase agreement [1] Group 2: Use of Proceeds - The net proceeds from the proposed note issuance are intended to fund the simultaneous purchase offer for 2026, refinance existing debt, and for general corporate purposes [1]