New Issue: Jiangbei unit sells $200 million 3.7% guaranteed notes due 2021

Chicago, Oct. 6 – Jiangbei New Area Industrial Investment Group’s wholly owned subsidiary Industrial Investment Overseas Ltd. sold $200 million of 3.7% guaranteed notes due 2021 (//BBB), according to a listing notice.

The notes were guaranteed by the parent.

Bookrunners for the offering were China International Capital Corp. Hong Kong Securities Ltd., Huatai Financial Holdings (Hong Kong) Ltd., Bank of China Ltd., China Minsheng Banking Corp., Ltd., Hong Kong Branch, CLSA Ltd. China Citic Bank International Ltd. and Orient Securities (Hong Kong) Ltd.

Proceeds were designated for refinancing and general corporate purposes, according to Fitch Ratings.

Issuer:	Jiangbei New Area Industrial Investment Group
Guarantor:	Industrial Investment Overseas Ltd.
Issue:	Guaranteed notes
Amount:	$200 million
Maturity:	2021
Bookrunners:	China International Capital Corp. Hong Kong Securities Ltd., Huatai Financial Holdings (Hong Kong) Ltd., Bank of China Ltd., China Minsheng Banking Corp., Ltd., Hong Kong Branch, CLSA Ltd. China Citic Bank International Ltd. and Orient Securities (Hong Kong) Ltd.
Listing date:	Aug. 25
Ratings:	Fitch: BBB

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