Published on 3/24/2022 in the Prospect News Emerging Markets Daily.
New Issue: China’s Excellence Commercial sells $100 million 2.91% bonds due 2025
By Marisa Wong
Los Angeles, March 24 – Excellence Commercial Management Ltd. priced $100 million of 2.91% credit-enhanced bonds due 2025 (BBB-), according to a notice.
The real estate development company is based in Shenzhen, China.
Issuer: | Excellence Commercial Management Ltd.
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Issue: | Credit-enhanced bonds
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Amount: | $100 million
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Maturity: | March 24, 2025
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Coupon: | 2.91%
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Issue date: | March 24
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Listing: | Singapore
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ISIN: | XS2459917113
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