By Wendy Van Sickle
Columbus, Ohio, Nov. 14 – China’s Phoenix Charm International Investment Ltd. sold $50 million of 6˝% bonds due 2022, according to a listing notice filed with the Stock Exchange of Hong Kong Ltd.
The bonds will be guaranteed by Danyang Investment Group Co., Ltd.
China Citic Bank International is the manager.
The listing was expected to take effect on Thursday.
Based in Beijing, Danyang invests in lands development, urban infrastructures, demolition projects and other fields.
| Issuer: | Phoenix Charm International Investment Ltd.
|
| Guarantor: | Danyang Investment Group Co., Ltd.
|
| Issue: | Bonds
|
| Amount: | $50 million
|
| Maturity: | 2022
|
| Manager: | China Citic Bank International
|
| Coupon: | 6˝%
|
| Listing date: | Nov. 14
|
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