New Issue: Yangzhou Economic sells $300 million 5˝% bonds due 2022

Chicago, June 27 – China’s Yangzhou Economic and Technological Development Zone Development Corp. priced $300 million of 5˝% bonds (Ba1) due 2022, according to a company notice.

Joint global coordinators, joint bookrunners and joint lead managers for the deal were CEB International, CCB International and China Minsheng Banking Corp., Ltd., Hong Kong Branch.

China Investment Securities International, CNCB HK Capital, Haitong International and OCBC Bank also worked as joint lead managers and joint bookrunners.

The company offers land development and consolidation services in China.

Issuer:	Yangzhou Economic and Technological Development Zone Development Corp.
Issue:	Bonds
Amount:	$300 million
Maturity:	2022
Bookrunners:	CEB International, CCB International, China Minsheng Banking Corp., Ltd., Hong Kong Branch, China Investment Securities International, CNCB HK Capital, Haitong International and OCBC Bank
Coupon:	5˝%
Rating:	Moody’s: Ba1
Settlement date:	June 28

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