New Issue: China Securities prices $200 million 3 1/8% notes due 2020 at 160 bps over Treasuries

By Christine Van Dusen

Atlanta, Sept. 10 – China Securities International Finance Holding Co. Ltd. – via CSCI Finance (2015) Co. Ltd. – sold $200 million 3 1/8% notes due Sept. 17, 2020 (expected rating: A1) at 99.913 to yield 3.144%, or Treasuries plus 160 basis points, a market source said.

China Securities International, Haitong International, ABC International, China Construction Bank, Wing Lung Bank, ICBC International, GF Securities Brokerage and China Galaxy International were the bookrunners for the Regulation S deal.

The issuer is based in Hong Kong.

Issuer:	CSCI Finance (2015) Co. Ltd.
Amount:	$200 million
Maturity:	Sept. 17, 2020
Description:	Senior notes
Bookrunners:	China Securities International, Haitong International, ABC International, China Construction Bank, Wing Lung Bank, ICBC International, GF Securities Brokerage, China Galaxy International
Coupon:	3 1/8%
Price:	99.913
Yield:	3.144%
Spread:	Treasuries plus 160 bps
Trade date:	Sept. 10
Settlement date:	Sept. 17
Expected rating:	Moody's: A1
Distribution:	Regulation S

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