Published on 12/30/2019 in the Prospect News Emerging Markets Daily.
New Issue: IS (Hong Kong) Investment sells $295 million 2.9% three-year bonds
By Marisa Wong
Los Angeles, Dec. 30 – IS (Hong Kong) Investment Ltd. issued $295 million of 2.9% credit enhanced bonds due December 2022 on Monday, according to a notice.
China Industrial Securities International Brokerage Ltd., Industrial and Commercial Bank of China (Asia) Ltd. ICBC International Securities Ltd., China Citic Bank International Ltd., China Minsheng Banking Corp., Ltd., Hong Kong Branch, CMB Wing Lung Bank Ltd. and Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch are the bookrunners.
The issuer is a wholly owned subsidiary of Industrial Securities (Hong Kong) Financial Holdings Ltd.
Issuer: | IS (Hong Kong) Investment Ltd.
|
Issue: | Notes
|
Amount: | $295 million
|
Maturity: | Dec. 30, 2022
|
Bookrunners: | China Industrial Securities International Brokerage Ltd., Industrial and Commercial Bank of China (Asia) Ltd. ICBC International Securities Ltd., China Citic Bank International Ltd., China Minsheng Banking Corp., Ltd., Hong Kong Branch, CMB Wing Lung Bank Ltd. and Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch
|
Coupon: | 2.9%
|
Settlement date: | Dec. 30
|
Rating: | Moody’s: (P)A1
|
|
© 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.