New Issue: Horse Gallop Finance sells $700 million 3¼% notes due 2022

Chicago, May 30 – Horse Gallop Finance Ltd. sold $700 million of 3¼% guaranteed notes due 2022, according to a notice.

The bonds are guaranteed by ICBC International Holdings Ltd.

The notes were issued under the $2 billion guaranteed medium-term note program.

ICBC, HSBC, Agricultural Bank of China Ltd. Hong Kong Branch, ANZ, Bank of China, China Construction Bank (Asia), China Minsheng Banking Corp., Ltd., Hong Kong Branch, CMBC Capital and Mizuho Securities were the joint global coordinators, joint lead managers and joint bookrunners.

ABC International, Bank of Communications, China Citic Bank International, China Everbright Bank Hong Kong Branch, Everbright Sun Hung Kai, Maybank, Shanghai Pudong Development Bank Hong Kong Branch and Standard Chartered Bank acted as joint lead managers and joint bookrunners.

Horse Gallop Finance is incorporated in the British Virgin Islands and is a subsidiary of ICBC and acts as a fundraising vehicle for its parent.

Issuer:	Horse Gallop Finance Ltd.
Guarantor:	ICBC International Holdings Ltd.
Issue:	Guaranteed notes
Amount:	$700 million
Maturity:	2022
Bookrunners:	ICBC, HSBC, Agricultural Bank of China Ltd. Hong Kong Branch, ANZ, Bank of China, China Construction Bank (Asia), China Minsheng Banking Corp., Ltd., Hong Kong Branch, CMBC Capital and Mizuho Securities, ABC International, Bank of Communications, China Citic Bank International, China Everbright Bank Hong Kong Branch, Everbright Sun Hung Kai, Maybank, Shanghai Pudong Development Bank Hong Kong Branch and Standard Chartered Bank
Coupon:	3¼%
Trade date:	May 31

© 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.