By Christine Van Dusen
Atlanta, July 19 - China's Intime Department Store Group Co. Ltd. priced RMB 1 billion notes due July 19, 2014 at par to yield 4.65%, according to a company filing.
Citicorp, Nomura and ICBC Asia were the bookrunners for the Regulation S notes, which include a change-of-control put at 101%.
The proceeds will be used to fund future expansion, for general corporate purposes and for the repayment of existing debt.
Intime Department Store Group is a Beijing-based operator and manager of department stores.
| Issuer: | Intime Department Store Group Co. Ltd.
|
| Amount: | RMB 1 billion
|
| Maturity: | July 19, 2014
|
| Description: | Notes
|
| Bookrunners: | Citicorp, Nomura, ICBC Asia
|
| Coupon: | 4.65%
|
| Price: | Par
|
| Yield: | 4.65%
|
| Change-of-control put: | 101%
|
| Settlement date: | July 19
|
| Distribution: | Regulation S
|
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