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Published on 4/18/2018 in the Prospect News Private Placement Daily.

New Issue: China First eyes $47 million placement of 9.7% notes due October 2018

By Devika Patel

Knoxville, Tenn., April 18 – China First Capital Group Ltd. said it arranged a $47 million private placement of 9.7% notes with ZH International Holdings Ltd.

The notes were sold at par, and the maturity date of Oct. 19, 2018 may be pushed out to Jan. 31, 2019.

The boutique investment bank and advisory firm is based in Shenzhen, China.

Issuer:China First Capital Group Ltd.
Issue:Notes
Amount:$47 million
Maturity:Oct. 19, 2018, but may be postponed to Jan. 31, 2019
Coupon:9.7%
Price:Par
Investor:ZH International Holdings Ltd.
Settlement date:April 18
Distribution:Private placement

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