E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/29/2019 in the Prospect News Emerging Markets Daily.

New Issue: China’s Jiangsu Zhongguancun sells $300 million of 6½% bonds due 2022

By Sarah Lizee

Olympia, Wash., Oct. 29 – Jiangsu Zhongguancun Science Park Holding Group Co., Ltd. subsidiary Jiangsu Zhongguancun Holding Group (International) Co., Ltd. priced $300 million of 6½% guaranteed bonds due 2022, according to a notice of listing on the Stock Exchange of Hong Kong Ltd.

Jiangsu Zhongguancun Holding guarantees the notes.

CMBC Capital, Shenwan Hongyuan HK, BOSC International, Donghai International, Guoyuan Capital Industrial Bank Co., Ltd. Hong Kong Branch, Central Wealth Securities Investment Ltd. and Silk Road International are the joint lead managers and joint bookrunners, with CMBC, Shenwan, BOSC and Donghai as joint global coordinators.

Listing was expected for Tuesday.

Jiangsu Zhongguancun is a real estate company based in Changzhou, China.

Issuer:Jiangsu Zhongguancun Science Park Holding Group Co., Ltd.
Guarantor:Jiangsu Zhongguancun Holding Group (International) Co., Ltd.
Issue:Guaranteed bonds
Amount:$300 million
Maturity:2022
Bookrunners:CMBC Capital, Shenwan Hongyuan HK, BOSC International, Donghai International, Guoyuan Capital Industrial Bank Co., Ltd. Hong Kong Branch, Central Wealth Securities Investment Ltd. and Silk Road International
Coupon:6½%
Announcement date:Oct. 28
Listing date:Oct. 29
Distribution:Regulation S

© 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.