By Christine Van Dusen
Atlanta, May 28 – China’s Peking University Founder Group Co. Ltd. – via Dawn Victor Ltd. – priced $500 million three-year notes at par to yield 5½% on Thursday, a market source said.
The pricing matched talk.
DBS was the bookrunner for the Regulation S notes.
The proceeds will be used for working capital and general corporate purposes.
The issuer is a Beijing-based technology conglomerate.
| Issuer: | Dawn Victor Ltd.
|
| Amount: | $500 million
|
| Maturity: | June 5, 2018
|
| Description: | Notes
|
| Bookrunner: | DBS
|
| Coupon: | 5½%
|
| Price: | Par
|
| Yield: | 5½%
|
| Trade date: | May 28
|
| Settlement date: | June 5
|
| Distribution: | Regulation S
|
| Price talk: | 5½%
|
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