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Published on 9/14/2020 in the Prospect News Emerging Markets Daily.

New Issue: Central China International unit sells $110 million bonds due 2021

By Sarah Lizee

Olympia, Wash., Sept. 14 – Central China International Financial Holdings Co. Ltd. unit Wending Zhongyuan Co. Ltd. priced $110 million of 5.2% bonds due 2021 guaranteed by Central China International and with the benefit of a keepwell and liquidity support deed provided by Central China Securities Co., Ltd., according to a notice.

CCB International, Soochow Securities International, Central China International, China Citic Bank International, Haitong International and CMB Wing Lung Bank Ltd. are joint global coordinators and are also joint bookrunners and joint lead managers alongside Orient Securities (Hong Kong), Guoyuan Capital, ICBC International, CMBC Capital and Central Wealth Securities Investment Ltd.

Listing is expected for Tuesday.

Central China International Financial Holdings provides institutional brokerage services. It is based in Beijing.

Issuer:Wending Zhongyuan Co. Ltd.
Guarantor:Central China International Financial Holdings Co. Ltd.
Issue:Bonds
Amount:$110 million
Maturity:2021
Bookrunners:CCB International, Soochow Securities International, Central China International, China Citic Bank International, Haitong International, CMB Wing Lung Bank Ltd., Orient Securities (Hong Kong), Guoyuan Capital, ICBC International, CMBC Capital and Central Wealth Securities Investment Ltd.
Coupon:5.2%
Listing date:Sept. 15

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