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Published on 8/11/2020 in the Prospect News Emerging Markets Daily.

New Issue: Beijing Capital’s Central Plaza sells $200 million 4˝% notes due 2021

By Marisa Wong

Los Angeles, Aug. 11 – Central Plaza Development Ltd. issued $200 million of 4˝% notes due 2021 guaranteed by Beijing Capital Land Ltd., according to a notice.

BNP Paribas, China Everbright Bank Hong Kong Branch, China Securities International, CMB International, Guotai Junan International and HSBC are the managers, with BNP Paribas as global coordinator.

The notes will be issued under the company’s $3 billion guaranteed medium-term note and perpetual securities program.

Listing of the notes on the Stock Exchange of Hong Kong Ltd. is expected to become effective on Aug. 12.

The integrated property owner is based in Beijing.

Issuer:Central Plaza Development Ltd.
Guarantor:Beijing Capital Land Ltd.
Issue:Notes
Amount:$200 million
Maturity:2021
Managers:BNP Paribas, China Everbright Bank Hong Kong Branch, China Securities International, CMB International, Guotai Junan International and HSBC
Coupon:4˝%
Pricing date:Aug. 6
Announcement date:Aug. 11
Listing date:Aug. 12

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