Published on 3/18/2013 in the Prospect News Emerging Markets Daily.
New Issue: China's 21Vianet prices RMB 1 billion 7 7/8% notes due 2016 at 99.803
By Christine Van Dusen
Atlanta, March 18 - China's 21Vianet Group sold RMB 1 billion 7 7/8% three-year notes at 99.803, a market source said.
Barclays, Citic Securities, DBS Bank and Wing Lung Bank were the bookrunners for the Regulation S deal.
The proceeds will be used for data center expansion and for general corporate purposes.
21Vianet Group is a Beijing-based internet data center services provider.
Issuer: | 21Vianet Group
|
Amount: | RMB 1 billion
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Maturity: | March 22, 2016
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Description: | Notes
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Bookrunners: | Barclays, Citic Securities, DBS Bank, Wing Lung Bank
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Coupon: | 7 7/8%
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Price: | 99.803
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Trade date: | March 18
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Settlement date: | March 22
|
Distribution: | Regulation S
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