By Rebecca Melvin
New York, Jan. 22 – ZH International Holdings Ltd. priced $100 million 8% one-year senior bonds at par on Tuesday, according to an announcement.
The bonds will be guaranteed by Ever Diamond Global Co. Ltd., a company wholly owned by Huang Yanping.
Yuanyin Securities Ltd. is the placing agent and investor of the bonds, which will not be listed and are freely callable.
Proceeds will be used for general corporate purposes.
The investment holding company is based in Hong Kong and engages primarily in property development.
Issuer: | ZH International Holdings Ltd.
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Guarantor: | Ever Diamond Global Co. Ltd.
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Issue: | Bonds
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Amount: | $100 million
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Maturity: | Jan. 22, 2020
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Placement agent: | Yuanyin Securities Ltd.
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Coupon: | 8%
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Price: | Par
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Yield: | 8%
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Calls: | Freely callable
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Pricing date: | Jan. 22
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Settlement date: | Jan. 25
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