Chicago, May 7 – AMTD Group Co. Ltd. subsidiary AMTD International Inc. announced the pricing of a new issue, partially related to an exchange offer which has just ended, according to an announcement.
The issuer sold $200 million of 7¼% senior perpetual notes at par. An additional second tranche of S$50 million 4½% senior perpetual notes was part of the transaction, also issued at par.
Of the $200 million 7¼% notes, $38,920,000 were issued as part of the exchange offer.
In the S$50 million tranche, S$14,740,000 were issued in exchange.
Joint dealer managers were AMTD Global Markets Ltd. and Bank of East Asia, Ltd.
D.F. King Ltd. worked as the information and exchange agent.
The financial institution is based in Hong Kong.
| Issuer: | AMTD International Inc.
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| Securities: | Fixed-rate senior perpetual notes
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| Maturity: | Perpetual
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| Dealers: | AMTD Global Markets Ltd. and Bank of East Asia, Ltd.
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| Issuer’s counsel: | Clifford Chance
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| Underwriter’s counsel: | Linklaters
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| Pricing date: | May 7
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| Settlement date: | May 14
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| U.S. dollar notes
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| Amount: | $200 million
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| Coupon: | 7¼%
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| Price: | Par
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| Singapore dollar notes
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| Amount: | S$50 million
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| Coupon: | 4½%
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| Price: | Par
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