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Published on 7/15/2019 in the Prospect News Emerging Markets Daily.

New Issue: China’s Liuzhou Dongtong sells $40 million more 7% bonds due 2022

By Sarah Lizee

Olympia, Wash., July 15 – Liuzhou Dongtong Investment & Development Co., Ltd. priced $40 million of its 7% bonds due 2022, according to a listing notice with the Stock Exchange of Hong Kong Ltd.

Guotai Junan International, CCB International, Bocom International, CMBC Capital, CRIC Securities and Prestige Securities Ltd. are the bookrunners for the additional bonds.

Guotai Junan International, CCB International and CMBC Capital are joint global coordinators.

The original $140 million of 7% bonds were issued by the company on May 22.

Listing of the additional bonds is expected for July 16.

The company operates as an infrastructure investment and construction company in Liuzhou, China.

Issuer:Liuzhou Dongtong Investment & Development Co., Ltd.
Issue:Additional bonds
Amount:$40 million
Maturity:2022
Joint global coordinators:Guotai Junan International, CCB International and CMBC Capital
Bookrunners:Guotai Junan International, CCB International, Bocom International, CMBC Capital, CRIC Securities and Prestige Securities Ltd.
Coupon:7%
Trade date:June 26
Listing date:July 16
Total issuance:$180 million, including $140 million issued on May 22

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