Published on 1/9/2014 in the Prospect News Emerging Markets Daily.
New Issue: Peking University Founder prices RMB 1.2 billion 5 7/8% notes due 2017 at par
By Christine Van Dusen
Atlanta, Jan. 9 - China's Peking University Founder Group Co. Ltd. priced RMB 1.2 billion three-year notes at par to yield 5 7/8%, a market source said.
DBS Bank is the bookrunner for the Regulation S notes, which include a change-of-control put at 101%.
The issuer is a Beijing-based technology conglomerate.
| Issuer: | Peking University Founder Group Co. Ltd.
|
| Amount: | RMB 1.2 Billion
|
| Maturity: | Jan. 15, 2017
|
| Description: | Notes
|
| Bookrunner: | DBS Bank
|
| Coupon: | 5 7/8%
|
| Price: | Par
|
| Yield: | 5 7/8%
|
| Change-of-control put: | At 101%
|
| Trade date: | Jan. 8
|
| Settlement date: | Jan. 15
|
| Distribution: | Regulation S
|
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