New Issue: China’s Yankuang sells $400 million of 4% bonds due 2023 at 99.442

By Wendy Van Sickle

Columbus, Ohio, July 16 – Yankuang Group (Cayman) Ltd. sold $400 million of 4% three-year bonds guaranteed by Yankuang Group Co. Ltd. at 99.442, according to a listing notice with the Stock Exchange of Hong Kong Ltd.

China Securities International, Guotai Junan International, China International Capital Corp., CCB International and Goldman Sachs (Asia) LLC were the global coordinators and were joined as bookrunners and lead managers by Cinda International, GF Securities, Huatai International, China Minsheng Banking Corp., Ltd., Hong Kong Branch, CLSA Industrial Bank Co., Ltd. Hong Kong Branch and Shanghai Pudong Development Bank Hong Kong Branch.

The coal mining companies are based in Shandong, China.

Issuer:	Yankuang Group (Cayman) Ltd.
Guarantor:	Yankuang Group Co. Ltd.
Issue:	Bonds
Amount:	$400 million
Maturity:	2023
Bookrunners:	China Securities International, Guotai Junan International, China International Capital Corp., CCB International and Goldman Sachs (Asia) LLC were the global coordinators and were joined as bookrunners and lead managers by Cinda International, GF Securities, Huatai International, China Minsheng Banking Corp., Ltd., Hong Kong Branch, CLSA Industrial Bank Co., Ltd. Hong Kong Branch and Shanghai Pudong Development Bank Hong Kong Branch
Coupon:	4%
Price:	99.442
Listing date:	July 16

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