Published on 5/26/2020 in the Prospect News Emerging Markets Daily.
New Issue: China’s Jinxinyue Development prices $200 million 4% bonds due 2023
By Rebecca Melvin
New York, May 26 – Jinxinyue Development (BVI) Co. Ltd. priced $200 million of 4% credit enhanced bonds due 2023, according to a Singapore Stock Exchange listing notice.
Fosun Hani, SPDB International, Industrial Bank Co., Ltd. Hong Kong Branch and Wilson Securities were the lead managers and bookrunners of the bonds, which were issued on March 10.
| Issuer: | Jinxinyue Development (BVI) Co. Ltd.
|
| Issue: | Credit enhanced bonds
|
| Amount: | $200 million
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| Maturity: | 2023
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| Bookrunners: | Fosun Hani, SPDB International, Industrial Bank Co., Ltd. Hong Kong Branch and Wilson Securities
|
| Coupon: | 4%
|
| Issue date: | March 10
|
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