By Sarah Lizee
Olympia, Wash., Sept. 11 – CCB Leasing (International) Corp. Ltd. unit CCBL (Cayman) 1 Corp. Ltd. sold $300 million more 3˝% guaranteed notes due 2024, according to a notice of listing with the Stock Exchange of Hong Kong Ltd.
The notes are consolidated and form a single series with the original $500 million of notes issued under the company’s $5 billion medium-term note program.
CCB International, HSBC, Mizuho Securities, ANZ, BofA Securities, Bank of China, Bank of Communications and SMBC Nikko are the joint bookrunners and joint lead managers, with CCB, HSBC and Mizuho as joint global coordinators.
CCB Leasing guarantees the notes. CCB Financial Leasing Corp. Ltd. provides a keepwell and liquidity support deed and a deed of asset purchase undertaking for the notes.
CCB Leasing is a subsidiary of China Construction Bank and is based in Beijing.
| Issuer: | CCBL (Cayman) 1 Corp.
|
| Guarantor: | CCB Leasing (International) Corp. Ltd.
|
| Issue: | Guaranteed notes add-on
|
| Amount: | $300 million
|
| Maturity: | 2024
|
| Bookrunners: | CCB International, HSBC, Mizuho Securities, ANZ, BofA Securities, Bank of China, Bank of Communications and SMBC Nikko
|
| Coupon: | 3˝%
|
| Pricing date: | Sept. 4
|
| Listing date: | Sept. 12
|
| Distribution: | Regulation S
|
| Total issuance: | $800 million, including $500 million original issue
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
