Essay about Financing Proposal of Agile Property Holding

Words: 2457
Pages: 10
Open Document
Financing Proposal
WU Shizhi 1155068485

Company background
Property Holdings Ltd is a real estate owner and developer. The group is one of the largest property developers in China. It develops and sells residential properties. It also operates in hotel and commercial properties industry. Agile has land in Hainan, Shanghai, Nanjing, Changzhou, Chengdu, Xi’an, Chongqing, Shenyang, Tianjing, Guangzhou, Foshan, Zhongshan, Huizhou and Heyuan.

Ownership structure
62% stock shares of the company are held by Top Coast Investment Ltd whose major shore holder is the family of the founder of Agile. The second largest shareholder JP Morgan Chase & Co holds 4.38%. Dimensional Fund Advisors Ltd and Blackrock hold 1.18% and 1.16% shares, …show more content…
| | | | Currency | HKD | | | | | | Placing Price | HKD 6.80 | | | | | | Discount | 5.95% | | | | | | Market | Hong Kong equity market | | | | | | | Straight Bond | 11/4/2009 | | Issue Size | USD 300mn | | The fund will be used to finance the existing and new property projects. | | | | Currency | USD | | | | | | Tenor | 7 years | | | | | | Coupon | 10.00% | | | | | | Maturity Type | Callable | | | | | | |

Straight Bond | 4/21/2010 | | Issue Size | USD 650mn | | Fund would be used to finance the redemption of the outstanding principal of the 2006 notes, and for general corporate purposes or transaction related fees and expenses. | | | | Currency | USD | | | | | | Tenor | 7 years | | | | | | Coupon | 8.875% | | | | | | Maturity Type | Callable | | | | | | | Convertible Bond | 4/6/2011 | | Issue Size | USD 500mn | | It is a way to obtain funding quickly. In 2011, the stock market is volatile. Issuing convertible bond can issue the stock share at premium if the market is good. If the bonds are not converted, the coupon rate can be lowered as well. | | | | Currency | USD | | | | | | Tenor | 5 years | | | | | | Coupon | 4.00% | | | | | | Conversion price | HKD 18.256 | | | | | | Premium | 40% | | | | | | Maturity Type | Put/Call | | | | | | | Straight
Show More

Related Documents: Essay about Financing Proposal of Agile Property Holding

Managing Information Technology (7th Edition) Essay

CONTENTS: CASE STUDIES CASE STUDY 1 Midsouth Chamber of Commerce (A): The Role of the Operating Manager in Information Systems CASE STUDY I-1 IMT Custom Machine Company, Inc.: Selection of an Information Technology Platform CASE STUDY I-2 VoIP2.biz, Inc.: Deciding on the Next Steps for a VoIP Supplier CASE STUDY I-3 The VoIP Adoption at Butler University CASE STUDY I-4 Supporting Mobile Health Clinics: The Children’s Health Fund of New York City CASE STUDY I-5…

Words 239873 - Pages 960