Shanghai International Port starts tender offer for exchangeable bonds

Chicago, June 7 – Shanghai Port Group (BVI) Holding Co., Ltd. started an any-and-all cash tender offer for its $500 million outstanding zero-coupon guaranteed exchangeable bonds due 2022 (ISIN: XS1655583596), according to an announcement.

The bonds are guaranteed by Shanghai International Port (Group) Co., Ltd.

The tender offer expires at 11 a.m. ET on June 13.

The indicative purchase price is currently $1,115.90 per $1,000 bond.

The final purchase price will be announced on June 14.

Settlement is planned for June 16.

Deutsche Bank AG, Hong Kong Branch is the dealer manager (+852 2203 8038, AsiaEQLrepurchase@list.db.com).

Citibank NA, London Branch is the information and tender agent (+44 20 7508 3867, citiexchanges@citi.com, https://debtxportal.issuerservices.citigroup.com).

The parent company operates the port of Shanghai.

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