China Education Group (HKG:0839) priced a $200 million bond offering to refinance existing debt, according to a Wednesday filing with the Hong Kong bourse.
The firm plans to issue 5.625% bonds due 2029 at 98.96% of their face value.
The bonds are expected to be rated BBB by S&P Global, and will be listed on the Hong Kong Stock Exchange, the firm said.
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