Conyers advises Agile Property Holdings on international offering of senior notes
Conyers Dill & Pearman has provided British Virgin Islands (BVI) and Cayman Islands legal advice to Agile Property Holdings in connection with an international offering of the company’s $500m (£300m) 8.375 per cent senior notes due 2019 (ranking pari passu with all existing notes in issue, banking facilities and unsecured and unsubordinated indebtedness but senior to perpetual bonds in issue subject to priority rights pursuant to applicable law) supported by subsidiary guarantees of ‘restricted subsidiaries’ within the group and charges over the share capital of all ‘restricted subsidiaries’ on a first-priority basis subject to an intercreditor arrangement.
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