By Wendy Van Sickle
Columbus, Ohio, Dec. 5 – Bengbu Gaoxin Investment Group Co., Ltd. priced $100 million of 3.6% credit-enhanced bonds due 2022, according to a listing notice with the Stock Exchange of Hong Kong, Ltd.
The bonds are supported by an irrevocable standby letter of credit issued by Industrial Bank Co., Ltd. Hefei Branch.
Industrial Bank Co., Ltd. Hong Kong Branch is the lead manager and bookrunner.
Based in Hong Kong, the issuer invests in infrastructure construction, financial and high technology areas and provides real estate development and property management services.
| Issuer: | Bengbu Gaoxin Investment Group Co., Ltd.
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| Amount: | $100 million
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| Description: | Credit-enhanced bonds
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| Maturity: | 2022
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| Bookrunner: | Industrial Bank Co., Ltd. Hong Kong Branch
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| Trade date: | Nov. 28
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| Listing date: | Dec. 6
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