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Published on 8/26/2014 in the Prospect News Emerging Markets Daily.

New Issue: China Agri-Products sells HK$40 million more 1% notes due 2024

By Marisa Wong

Madison, Wis., Aug. 26 – China Agri-Products Exchange Ltd. priced HK$40 million of 1% notes due 2024 under its HK$1 billion medium-term note program on Aug. 21, according to a notice.

The notes will be consolidated and form a single series with the company’s existing HK$200 million of 1% notes due 2024 that priced in several tranches.

Anglo Chinese Corporate Finance, Ltd. is the arranger of the MTN program, which was established in May.

The agricultural trading company is based in Hong Kong.

Issuer:China Agri-Products Exchange Ltd.
Issue:Medium-term notes
Amount:HK$40 million
Maturity:2024
Coupon:1%
Pricing date:Aug. 21
Previous issues:HK$200 million in several tranches

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