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 4/9/2021 in the Prospect News Emerging Markets Daily.

New Issue: Jardine Matheson unit prices $1.2 billion bonds due 2031, 2036

By Marisa Wong

Los Angeles, April 9 – JMH Co. Ltd. issued $800 million of 2˝% bonds due 2031 and $400 million of 2 7/8% bonds due 2036 on Friday, according to a notice.

The notes (A1/A+) are guaranteed by parent company Jardine Matheson Holdings Ltd.

Hongkong and Shanghai Banking Corp. Ltd., Bank of China (Hong Kong) Ltd., DBS Bank Ltd., Mizuho Securities Asia Ltd., MUFG Securities Asia Ltd. and SMBC Nikko Capital Markets Ltd. are the bookrunners.

Jardine Matheson is a Hong Kong-based conglomerate.

Issuer:JMH Co. Ltd.
Guarantor:Jardine Matheson Holdings Ltd.
Issue:Bonds
Amount:$1.2 billion
Bookrunners:Hongkong and Shanghai Banking Corp. Ltd., Bank of China (Hong Kong) Ltd., DBS Bank Ltd., Mizuho Securities Asia Ltd., MUFG Securities Asia Ltd. and SMBC Nikko Capital Markets Ltd.
Settlement date:April 9
Ratings:Moody’s: A1
S&P: A+
2031 bonds
Amount:$800 million
Maturity:April 9, 2031
Coupon:2˝%
2036 bonds
Amount:$400 million
Maturity:April 9, 2036
Coupon:2 7/8%

© 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.