New Issue: Zhuhai Huafa unit sells $250 million 2.8% guaranteed bonds due 2025

By Wendy Van Sickle

Columbus, Ohio, Nov. 4 – Zhuhai Huafa Group Co., Ltd. subsidiary Huafa 2020 I Co. Ltd. sold $250 million of 2.8% guaranteed bonds due 2025, according to a Stock Exchange of Hong Kong listing notice.

The notes are guaranteed by Zhuhai Huafa.

ICBC International, CLSA, China Industrial Securities International, Haitong International, Shanghai Pudong Development Bank Hong Kong Branch, China Minsheng Banking Corp., Ltd., Hong Kong Branch and HSBC are the joint bookrunners, joint lead managers and joint global coordinators.

Additional joint bookrunners and joint lead managers are China International Capital Corp., ABC International, China Everbright Bank Hong Kong Branch, CMBC Capital, CMB International, CNCB Capital and Huajin International.

Listing is expected for Nov. 5.

The company is a conglomerate based in Zhuhai, China.

Issuer:	Huafa 2020 I Co. Ltd.
Guarantor:	Zhuhai Huafa Group Co., Ltd.
Issue:	Guaranteed notes
Amount:	$250 million
Maturity:	2025
Bookrunners:	ICBC International, CLSA, China Industrial Securities International, Haitong International, Shanghai Pudong Development Bank Hong Kong Branch, China Minsheng Banking Corp., Ltd., Hong Kong Branch, HSBC, China International Capital Corp., ABC International, China Everbright Bank Hong Kong Branch, CMBC Capital, CMB International, CNCB Capital and Huajin International
Coupon:	2.8%
Announcement date:	Nov. 4
Listing date:	Nov. 5

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