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Prospect News home > News index > List of issuers Y > Headlines for Yango (Cayman) Investment Ltd. > News item
Published on 3/11/2021 in the Prospect News Emerging Markets Daily.

New Issue: China’s Fujian Yango unit sells $50 million 11 7/8% two-year notes

By Marisa Wong

Los Angeles, March 11 – Fujian Yango Group Co. Ltd. subsidiary Yango (Cayman) Investment Ltd. issued $50 million of 11 7/8% guaranteed senior notes due 2023 on Thursday, according to a notice.

UBS AG Hong Kong Branch and CRIC Securities Co. Ltd. are the bookrunners.

Fujian Yango is an investment company based in Fuzhou, China.

Issuer:Yango (Cayman) Investment Ltd.
Issue:Guaranteed senior notes
Amount:$50 million
Maturity:May 10, 2023
Bookrunners:UBS AG Hong Kong Branch and CRIC Securities Co. Ltd.
Coupon:11 7/8%
Settlement date:March 11

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