Published on 1/27/2021 in the Prospect News Emerging Markets Daily.
New Issue: China’s Fosun unit prices $500 million of 5.05% notes due 2027
By Rebecca Melvin
New York, Jan. 27 – Fosun International Ltd. subsidiary Fortune Star (BVI) Ltd. issued $500 million of 5.05% senior notes due 2027, according to a notice on Wednesday.
The notes will be listed and quoted on the Singapore exchange starting on Thursday.
Credit Suisse (Hong Kong) Ltd., Deutsche Bank AG, Hong Kong Branch, Credit Agricole CIB, Fosun Hani Securities Ltd., Hongkong and Shanghai Banking Corp. Ltd., Natixis, Standard Chartered Bank, AMTD Global Markets Ltd. and the Bank of East Asia Ltd. were the lead managers and bookrunners of the Regulation S deal.
Shanghai-based Fosun is a conglomerate.
Issuer: | Fortune Star (BVI) Ltd.
|
Guarantor: | Fosun International Ltd.
|
Issue: | Senior notes
|
Amount: | $500 million
|
Maturity: | 2027
|
Bookrunners: | Credit Suisse (Hong Kong) Ltd., Deutsche Bank AG, Hong Kong Branch, Credit Agricole CIB, Fosun Hani Securities Ltd., Hongkong and Shanghai Banking Corp. Ltd., Natixis, Standard Chartered Bank, AMTD Global Markets Ltd., and the Bank of East Asia Ltd.
|
Coupon: | 5.05%
|
Issue date: | Jan. 27
|
Listing date: | Jan. 28
|
Distribution: | Regulation S
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.