By Wendy Van Sickle
Columbus, Ohio, Oct. 29 – Wens Foodstuff Group Co. Ltd. priced $600 million of notes (//BBB+) due 2025 and 2030, according to a listing notice.
The company priced $350 million of 2.349% notes due 2025 and $250 million of 3.258% notes due 2030.
China International Capital Corp. is the global coordinator and a bookrunner and lead manager along with ABCI International, China Citic Bank International, China Minsheng Banking Corp., Ltd., Hong Kong Branch, DBS Bank Ltd. ICBC (Asia) and Shanghai Pudong Development Bank Hong Kong Branch.
The listing is expected to take effect on Friday.
Based in China, the issuer processes and sells chicken, duck, pork and other related products.
| Issuer: | Wens Foodstuff Group Co. Ltd.
|
| Issue: | Notes
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| Amount: | $600 million
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| Bookrunners: | China International Capital Corp. (global coordinator), ABCI International, China Citic Bank International, China Minsheng Banking Corp., Ltd., Hong Kong Branch, DBS Bank Ltd. ICBC (Asia) and Shanghai Pudong Development Bank Hong Kong Branch
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| Announcement date: | Oct. 29
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| Listing date: | Oct. 30
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| Rating: | Fitch: BBB+
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| Distribution: | Regulation S
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|
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| 2025 notes
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| Amount: | $350 million
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| Maturity: | 2025
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| Coupon: | 2.349%
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|
|
| 2030 notes
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| Amount: | $250 million
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| Maturity: | 2030
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| Coupon: | 3.258%
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