New Issue: Dexin China sells $150 million add on to 9.95% notes due 2022 at 100.827

New York, Jan. 6 – Dexin China Holdings Co. Ltd. priced a $150 million add on to its 9.95% senior notes due 2022 (//B-) at 100.827 on Wednesday, according to an announcement.

Guotai Junan Securities (Hong Kong) Ltd., Credit Suisse (Hong Kong) Ltd., UBS AG Hong Kong Branch, Barclays, Deutsche Bank AG, Hong Kong Branch, CCB International Capital Ltd., China International Capital Corp. Hong Kong Securities Ltd., BNP Paribas, Bocom International, CMB International, Orient Securities (Hong Kong) Ltd., Bank of East Asia, Ltd. and Valuable Capital were joint bookrunners and joint lead managers for the Regulation S notes.

Proceeds will be used to repay offshore debt.

Dexin priced the original $200 million issue on Nov. 26 at 96.872.

The company is an investment holding company based in Hangzhou, China. Its subsidiaries are involved in construction services and property development.

Issuer:	Dexin China Holdings Co. Ltd.
Securities:	Senior notes
Amount:	$150 million add on
Maturity:	Dec. 3, 2022
Joint bookrunners:	Guotai Junan Securities (Hong Kong) Ltd., Credit Suisse (Hong Kong) Ltd., UBS AG Hong Kong Branch, Barclays, Deutsche Bank AG, Hong Kong Branch, CCB International Capital Ltd., China International Capital Corp. Hong Kong Securities Ltd., BNP Paribas, Bocom International, CMB International, Orient Securities (Hong Kong) Ltd., Bank of East Asia, Ltd. and Valuable Capital
Coupon:	9.95%
Price:	100.827
Call:	Make-whole call at any time
Equity clawback:	Up to 35% at 109.95
Trade date:	Jan. 6
Settlement date:	Jan. 13
Ratings:	S&P: B-
	Lianhe BB-
Distribution:	Regulation S

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