New Issue: Shandong Finance issues $500 million 2.4% guaranteed bonds due 2026

By William Gullotti

Buffalo, N.Y., June 3 – SFG International Holdings Co. Ltd. issued $500 million of 2.4% guaranteed bonds (A2/A+) due 2026, according to a notice.

The bonds are guaranteed by Shandong Finance Investment Group Co., Ltd.

The joint global coordinators, joint lead managers and joint bookrunners for the bonds are Shenwan Hongyuan (H.K.), Haitong Bank, Guotai Junan International, CMB Wing Lung Bank Ltd., CLSA, Zhongtai International and Guosen Securities (H.K.)

They are joined as joint lead managers and joint bookrunners by Hua Xia Bank Co., Ltd., Hong Kong Branch, Industrial Bank Co., Ltd., Hong Kong Branch, Luso Bank Ltd., CCB International, China Everbright Bank Hong Kong Branch, Shanghai Pudong Development Bank Hong Kong Branch, China Minsheng Banking Corp., Ltd., Hong Kong Branch, China International Capital Corp., CMBC Capital, Bocom International, ABC International, ICBC (Asia), Huatai International, Bank of China, CSFG, Huizhi International and Bank of East Asia, Ltd.

Shandong Finance Investment plans to use the proceeds for project investment and to supplement the company's working capital.

SFG International Holdings is a wholly owned subsidiary of Shandong Finance Investment.

Issuer:	SFG International Holdings Co. Ltd.
Guarantor:	Shandong Finance Investment Group Co., Ltd.
Issue:	Guaranteed bonds
Amount:	$500 million
Maturity:	2026
Bookrunners:	Shenwan Hongyuan (H.K.), Haitong Bank, Guotai Junan International, CMB Wing Lung Bank Ltd., CLSA, Zhongtai International, Guosen Securities (H.K.), Hua Xia Bank Co., Ltd., Hong Kong Branch, Industrial Bank Co., Ltd., Hong Kong Branch, Luso Bank Ltd., CCB International, China Everbright Bank Hong Kong Branch, Shanghai Pudong Development Bank Hong Kong Branch, China Minsheng Banking Corp., Ltd., Hong Kong Branch, China International Capital Corp., CMBC Capital, Bocom International, ABC International, ICBC (Asia), Huatai International, Bank of China, CSFG, Huizhi International and Bank of East Asia, Ltd.
Coupon:	2.4%
Pricing date:	May 27
Settlement date:	June 4
Ratings:	Moody’s: A2
	Fitch: A+
Distribution:	Regulation S

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