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Published on 9/10/2015 in the Prospect News Emerging Markets Daily.

New Issue: China’s WH Group subsidiary issues RMB 1 billion three-year notes

By Marisa Wong

Morgantown, W.Va., Sept. 10 – WH Group Ltd. announced that wholly owned subsidiary Henan Luohe Shuanghui Industry Group Co., Ltd. completed its first tranche of notes on Thursday.

The company announced on Aug. 31 that it planned to issue RMB 1 billion of three-year notes. The notes were expected to be issued on Sept. 8.

Pricing details were not disclosed in Thursday’s announcement.

Bank of China Ltd. and China International Capital Corp. Ltd. are the lead underwriter and co-lead underwriter, respectively.

The subsidiary previously registered to issue up to RMB 3 billion of notes.

WH is a pork company based in Henan, China.

Issuer:Henan Luohe Shuanghui Industry Group Co., Ltd.
Issue:Notes
Amount:RMB 1 billion
Maturity:Three years
Underwriters:Bank of China Ltd. (lead) and China International Capital Corp. Ltd. (co-lead)
Settlement date:Sept. 10

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