Published on 8/23/2016 in the Prospect News Emerging Markets Daily.
New Issue: China’s Wuzhou subsidiary issues RMB 500 million 6.9% three-year bonds
By Marisa Wong
Morgantown, W.Va., Aug. 23 – Wuzhou International Holdings Ltd. said indirect wholly owned subsidiary Wuzi Wuzhou Ornament City Co., Ltd. issued RMB 500 million of 6.9% three-year bonds on Tuesday.
Pricing for the onshore corporate bonds was determined through a book-building process on Aug. 19, according to a company announcement.
The real estate company is based in Wuxi, China.
Issuer: | Wuzi Wuzhou Ornament City Co., Ltd.
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Issue: | Corporate bonds
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Amount: | RMB 500 million
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Maturity: | Three years
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Coupon: | 6.9%
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Pricing date: | Aug. 19
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Settlement date: | Aug. 23
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