Published on 3/20/2020 in the Prospect News Emerging Markets Daily.
New Issue: China’s Sichuan Gloport prices $300 million 4.6% notes due 2023
By Wendy Van Sickle
Columbus, Ohio, March 20 – Sichuan Gloport Investment Development Group Co., Ltd. priced $300 million 4.6% bonds due 2023, according to a listing notice with the Stock Exchange of Hong Kong Ltd.
The notes are guaranteed by Yibin State-Owned Assets Management Co., Ltd.
Based in Yibin, China, the state-owned company’s operations include equity management, industrial investment, fund operation, land management and other services.
Issuer: | Sichuan Gloport Investment Development Group Co., Ltd.
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Guarantor: | Yibin State-Owned Assets Management Co., Ltd.
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Issue: | Bonds
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Amount: | $300 million
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Maturity: | 2023
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Coupon: | 4.6%
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Listing date: | March 23
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