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Published on 3/8/2023 in the Prospect News Emerging Markets Daily.

New Issue: Ping An International Financial Leasing prices RMB 700 million 4.2% bonds due 2026

By William Gullotti

Buffalo, N.Y., March 8 – Ping An International Financial Leasing Co., Ltd. priced RMB 700 million of 4.2% bonds due 2026, according to a listing notice on Wednesday.

CMB International and CNCB Capital are the joint global coordinators, joint lead managers and joint bookrunners for the offering.

Also serving as joint lead managers and joint bookrunners are Bank of Communications Macau Branch, Shanghai Pudong Development Bank Hong Kong Branch, Industrial Bank Co., Ltd., Hong Kong Branch and China Industrial Securities International.

The Regulation S bonds are expected to be listed on the Macao (Chongwa) Exchange effective March 8.

The issuer provides leasing services for medical, engineering construction, manufacturing, education and other areas.

Issuer:Ping An International Financial Leasing Co., Ltd.
Issue:Bonds
Amount:RMB 700 million
Maturity:2026
Bookrunners:CMB International, CNCB Capital, Bank of Communications Macau Branch, Shanghai Pudong Development Bank Hong Kong Branch, Industrial Bank Co., Ltd., Hong Kong Branch and China Industrial Securities International
Coupon:4.2%
Pricing date:Feb. 28
Listing date:March 8
Distribution:Regulation S

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