E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/8/2021 in the Prospect News Emerging Markets Daily.

New Issue: China’s Haidilao issues $600 million 2.15% five-year notes at 99.854

By Taylor Fox

New York, Jan. 8 – Haidilao International Holding Ltd. issued $600 million of 2.15% five-year notes at 99.854 on Thursday, according to a company announcement.

Morgan Stanley and CICC are the joint global coordinators, joint bookrunners and joint lead managers, and CMBI and Credit Suisse are joint bookrunners and joint lead managers.

The proceeds will be used for general corporate purposes.

The chain of hot pot restaurants is based in Jianyang, China.

Issuer:Haidilao International Holding Ltd.
Issue:Notes
Amount:$600 million
Maturity:Jan. 14, 2026
Bookrunners:Morgan Stanley, CICC, CMBI and Credit Suisse
Coupon:2.15%
Price:99.854
Announcement date:Jan. 5
Settlement date:Jan. 7

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.