October 18, 2016 / 10:21 PM / a year ago

BRIEF-Yuzhou Properties updates on issuance of senior notes due 2023

Oct 19 (Reuters) - Yuzhou Properties Co Ltd

* Yuzhou properties- intends to use proceeds of notes for refinancing its existing indebtedness and, to lesser extent, for general working capital purposes

* Yuzhou properties co ltd - issuance of us$250 million 6.00% senior notes due 2023

* Yuzhou properties co - on 18 oct, co and unit guarantors entered into purchase agreement

* Yuzhou properties - estimated net proceeds of proposed notes issue will amount to approximately us$246.3 million Source text for Eikon: Further company coverage:

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