By William Gullotti
Buffalo, N.Y., Dec. 22 – Xinrui International Investment Development Ltd. issued $65 million of 1.9% one-year credit enhanced bonds, according to a listing notice on Wednesday.
Guoyuan Capital (Hong Kong) Ltd., Fosun Hani Securities Ltd. and Dongxing Securities (Hong Kong) Co., Ltd. are the joint lead managers and joint bookrunners for the offering.
Listing for the bonds is expected on the Singapore Exchange effective Dec. 23.
The issuer is based in Hong Kong.
| Issuer: | Xinrui International Investment Development Ltd.
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| Amount: | $65 million
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| Issue: | Credit enhanced bonds
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| Maturity: | Dec. 21, 2022
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| Bookrunners: | Guoyuan Capital (Hong Kong) Ltd., Fosun Hani Securities Ltd. and Dongxing Securities (Hong Kong) Co., Ltd.
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| Coupon: | 1.9%
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| Issue date: | Dec. 22
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| Listing date: | Dec. 23
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| ISIN: | XS2423462113
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