Published on 6/14/2021 in the Prospect News Emerging Markets Daily.
New Issue: China’s Yango Cayman Investment issues $90 million 4% bonds due 2024
By William Gullotti
Buffalo, N.Y., June 14 – Yango (Cayman) Investment Ltd. sold $90 million 4% bonds due June 10, 2024, according to a listing notice.
The joint lead managers and joint bookrunners are CMB International Capital Ltd., UBS AG Hong Kong Branch and Guotai Junan Securities (Hong Kong) Ltd.
Yango (Cayman) Investment Ltd. is a subsidiary of Fujian Yango Group Co. Ltd., a real estate development business located in Fujian, China.
| Issuer: | Yango (Cayman) Investment Ltd.
|
| Issue: | Bonds
|
| Amount: | $90 million
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| Maturity: | June 10, 2024
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| Bookrunners: | CMB International Capital Ltd., UBS AG Hong Kong Branch and Guotai Junan Securities (Hong Kong) Ltd.
|
| Coupon: | 4%
|
| Settlement date: | June 10
|
| Listing date: | June 15
|
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