New Issue: China’s Nanjing Niushoushan prices $150 million 2.05% credit-enhanced bonds due 2024

By William Gullotti

Buffalo, N.Y., Sept. 23 – Nanjing Niushoushan Cultural Tourism Group Co., Ltd. listed $150 million of 2.05% credit enhanced bonds due 2024, according to a notice Thursday.

Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch, Fosun Hani Securities Ltd., China Zheshang Bank Co., Ltd. (Hong Kong Branch) and China Industrial Securities International Brokerage Ltd. are the joint lead managers and joint bookrunners for the offering.

The listing for the bonds is expected to be effective on the Singapore Exchange on Sept. 24.

Formed May 13, the issuer is based in Nanjing, China.

Issuer:	Nanjing Niushoushan Cultural Tourism Group Co., Ltd.
Issue:	Credit-enhanced bonds
Amount:	$150 million
Maturity:	Sept. 23, 2024
Bookrunners:	Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch, Fosun Hani Securities Ltd., China Zheshang Bank Co., Ltd. (Hong Kong Branch) and China Industrial Securities International Brokerage Ltd.
Coupon:	2.05%
Issue date:	Sept. 23
Listing date:	Sept. 24

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.