New Issue: Chengdu Dongjin Huaizhou Xincheng details issue of RMB 670 million 7.6% bonds due 2026

By William Gullotti

Buffalo, N.Y., Jan. 19 – China’s Chengdu Dongjin Huaizhou Xincheng Investment Group Co., Ltd. fully detailed its par-priced offering of RMB 670 million of 7.6% bonds due 2026 in a listing notice and an offering circular on Friday.

Yuan Tong Global Securities, Pearl International Securities Ltd., Shanghai Pudong Development Bank Hong Kong Branch, SunRiver International Securities Group Ltd., TF International, Haitong Bank, Golden Rich Securities, Fortune Origin Securities Ltd., Cinda International, Donghai International, Alpine Securities, CF Securities Ltd., JQ Securities, Global Prosperity Financial Co., Ltd., Sinomax Securities Ltd., RIME Capital, Shenwan Hongyuan (H.K.), China Galaxy International, CCB International, Haitong International and China Industrial Securities International are the joint lead managers and joint bookrunners for the Regulation S offering, with Yuan Tong and Pearl International also serving as joint global coordinators.

As previously reported, proceeds will be used for project construction and to replenish working capital.

Listing for the bonds is expected on the Chongwa (Macao) Exchange effective Jan. 19.

The issuing group is an operating platform for urban development in Jintang County in China.

Issuer:	Chengdu Dongjin Huaizhou Xincheng Investment Group Co., Ltd.
Amount:	RMB 670 million
Issue:	Bonds
Maturity:	Jan. 18, 2026
Bookrunners:	Yuan Tong Global Securities, Pearl International Securities Ltd., Shanghai Pudong Development Bank Hong Kong Branch, SunRiver International Securities Group Ltd., TF International, Haitong Bank, Golden Rich Securities, Fortune Origin Securities Ltd., Cinda International, Donghai International, Alpine Securities, CF Securities Ltd., JQ Securities, Global Prosperity Financial Co., Ltd., Sinomax Securities Ltd., RIME Capital, Shenwan Hongyuan (H.K.), China Galaxy International, CCB International, Haitong International and China Industrial Securities International
Trustee:	China Construction Bank (Asia) Corp., Ltd.
Counsel to underwriters:	DeHeng Law Offices (Hong Kong) LLP (England, Hong Kong), Sheng Tang Law Firm (China)
Coupon:	7.6%
Price:	Par
Yield:	7.6%
Call:	For taxation reasons at par
Change of control:	At 101
Pricing date:	Jan. 12
Issue date:	Jan. 18
Listing date:	Jan. 19
Distribution:	Regulation S
ISIN:	XS2748111452

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