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China’s Wuxi Construction talks $300 million three-year notes at Treasuries plus 260 bps
By Christine Van Dusen
Atlanta, June 20 – Wuxi Construction and Development Investment Co. Ltd. set initial talk at Treasuries plus 260 basis points for a $300 million offering of notes due in three years (expected ratings: /BBB/BBB+), a market source said.
Standard Chartered Bank, JPMorgan and Wing Lung Bank are the joint global coordinators and – along with China Minsheng Banking, Shanghai Pudong Development Bank, HSBC and Bocom International – the joint bookrunners and joint lead managers for the Regulation S deal.
Wuxi Construction is a Wuxi, China-based developer, operator, manager and builder of property.
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