Published on 7/22/2014 in the Prospect News Emerging Markets Daily.
New Issue: China’s Pacific Andes prices S$200 million 8½% notes due 2017 at par
By Christine Van Dusen
Atlanta, July 22 – China’s Pacific Andes Resources Development Ltd. priced S$200 million three-year notes at par to yield 8½% on Monday, according to a company announcement.
The issuer is a Hong Kong-based seafood company.
Issuer: | Pacific Andes Resources Development Ltd.
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Amount: | S$200 million
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Maturity: | July 30, 2017
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Description: | Notes
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Coupon: | 8½%
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Price: | Par
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Yield: | 8½%
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Trade date: | July 21
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Settlement date: | July 30
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