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Published on 1/28/2021 in the Prospect News Emerging Markets Daily.

New Issue: China’s Dongtai Communication sells $67 million 5.8% bonds due 2022

By Taylor Fox

New York, Jan. 28 – Dongtai Communication Investment and Construction Group Co., Ltd. issued $67 million 5.8% bonds due 2022, according to a notice.

AMC Wanhai Securities Ltd., China Galaxy International Securities (Hong Kong) Co. Ltd. and CMBC Capital are the joint global coordinators, joint bookrunners and joint lead managers.

Listing of the bonds on the Stock Exchange of Hong Kong Ltd. is expected to take effect Jan. 29.

Dongtai Communication offers transportation infrastructure construction services and is based in Dongtai, China.

Issuer:Dongtai Communication Investment and Construction Group Co., Ltd.
Issue:Bonds
Amount:$67 million
Maturity:2022
Managers:AMC Wanhai Securities Ltd., China Galaxy International Securities (Hong Kong) Co. Ltd. and CMBC Capital
Coupon:5.8%
Listing:Stock Exchange of Hong Kong Ltd.
Listing date:Jan. 29

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