Published on 6/8/2021 in the Prospect News Emerging Markets Daily.
New Issue: China’s Yangzhou Yuanbo announces $46 million 2.2% credit enhanced bonds due 2022
By William Gullotti
Buffalo, N.Y., June 8 – Yangzhou Yuanbo Investment Development Co., Ltd. priced $46 million of 2.2% bonds due June 7, 2022, according to a notice Tuesday.
Fosun Hani Securities Ltd., Guoyuan Capital (Hong Kong) Ltd., Dongxing Securities (Hong Kong) Co. Ltd., Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch, CMBC Securities Co., Ltd. and Haitong International Securities Co., Ltd. are listed as joint lead managers and bookrunners.
The bonds are expected to be listed on June 9.
Headquarters for the company are in Yangzhou, China.
Issuer: | Yangzhou Yuanbo Investment Development Co., Ltd.
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Issue: | Credit enhanced bonds
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Amount: | $46 million
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Maturity: | June 7, 2022
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Bookrunners: | Fosun Hani Securities Ltd., Guoyuan Capital (Hong Kong) Ltd., Dongxing Securities (Hong Kong) Co. Ltd., Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch, CMBC Securities Co., Ltd. and Haitong International Securities Co., Ltd.
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Coupon: | 2.2%
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Settlement date: | June 8
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Listing date: | June 9
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