New Issue: China’s Peking University unit sells $350 million 8.45% bonds due 2020

By Sarah Lizee

Olympia, Wash., July 17 – Peking University Founder Group Co. Ltd. through special purpose entity Dawn Victor Ltd. sold $350 million of 8.45% guaranteed bonds due 2020, according to an announcement.

The bonds are guaranteed by Peking University Founder and Founder Information (Hong Kong) Ltd.

The joint lead managers and joint bookrunners for the Regulation S bonds were CMBC Capital, Founder Securities (Hong Kong) Capital Co. Ltd., BOC International, Barclays, Standard Chartered Bank, CCB International, China Merchants Securities (HK), Haitong International, Bocom International, CLSA, Guotai Junan International, China Securities International, China International Capital Corp., ICBC International and China Everbright Bank Hong Kong Branch.

Listing on the Stock Exchange of Hong Kong Ltd. is expected for July 18.

The joint global coordinators were CMBC Capital, Founder Securities, BOC, Barclays, Standard Chartered, CCB and China Merchants.

The issuer is a Beijing-based technology conglomerate.

Issuer:	Dawn Victor Ltd.
Guarantors:	Peking University Founder Group Co. Ltd. and Founder Information (Hong Kong) Ltd.
Issue:	Guaranteed bonds
Amount:	$350 million
Maturity:	2020
Bookrunners:	CMBC Capital, Founder Securities (Hong Kong) Capital Co. Ltd., BOC International, Barclays, Standard Chartered Bank, CCB International, China Merchants Securities (HK), Haitong International, Bocom International, CLSA, Guotai Junan International, China Securities International, China International Capital Corp., ICBC International and China Everbright Bank Hong Kong Branch
Coupon:	8.45%
Pricing date:	July 11
Listing date:	July 18
Distribution:	Regulation S

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