SEA Holdings ( Stock Code：251) is pleased to announce on 12 January 2017, the Company, the Issuer and the Joint Lead Managers entered into Subscription Agreement in connection with the Notes Issue in the aggregate principal amount of USD200,000,000 with interest rate of 4.5% and maturity in 2020. The fund raised will be assigned for general corporate purposes, including but not limited to future property development, property investment or other investment opportunities.
The Notes Issue draws overwhelming market response with nearly 8 times oversubscription (with nearly USD 1.6 billion in orders), reflecting great confidence and recognition in the management and future development of the Company by the investors. The Company believes this transaction could further diversify funding resources and strengthen its business competiveness. The Joint Lead Managers of The Note Issue are Credit Suisse Securities (Europe) Limited, The Hongkong and Shanghai Banking Corporation Limited, China Everbright Bank Co., Ltd., Hong Kong Branch, DBS Bank Ltd., MUFG Securities EMEA plc and Standard Chartered Bank.