New Issue: Vigorous Champion International sells $250 million 2.95% 10-year notes

By Marisa Wong

Los Angeles, Feb. 25 – Vigorous Champion International Ltd. issued $250 million of 2.95% guaranteed notes due 2031 on Thursday, according to a notice.

China Citic Bank International Ltd., Hongkong and Shanghai Banking Corp. Ltd., MUFG Securities Asia Ltd., Mizuho Securities Asia Ltd. and Standard Chartered Bank are the bookrunners.

The issuer is a British Virgin Islands-based subsidiary of China Ping An Insurance Overseas (Holdings) Ltd., which is a subsidiary of Ping An Insurance (Group) Co. of China, Ltd., a Shenzhen, China-based holding company whose subsidiaries specialize in insurance and financial services.

Issuer:	Vigorous Champion International Ltd.
Issue:	Guaranteed notes
Amount:	$250 million
Maturity:	Feb. 25, 2031
Bookrunners:	China Citic Bank International Ltd., Hongkong and Shanghai Banking Corp. Ltd., MUFG Securities Asia Ltd., Mizuho Securities Asia Ltd. and Standard Chartered Bank
Coupon:	2.95%
Settlement date:	Feb. 25

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.