Published on 7/25/2019 in the Prospect News Emerging Markets Daily.
New Issue: China’s Dalian Wanda unit prices $400 million 7½% bonds due 2022
By Angela McDaniels
Tacoma, Wash., July 25 – Wanda Group Overseas Ltd. priced $400 million of 7½% bonds due 2022 guaranteed by Dalian Wanda Group Co., Ltd., according to a notice of listing on the Stock Exchange of Hong Kong Ltd.
The issue price was 99.015.
Credit Suisse, China Everbright Bank, Hong Kong Branch, HSBC, China Securities International, Bank of China, CMB International and Nomura acted as global coordinators, bookrunners and lead managers.
Joining them as bookrunners and lead managers were China Citic Bank International, China International Capital Corp., CM Financial, CMB Wing Lung Bank Ltd., Founder Securities (Hong Kong) Capital Co. Ltd. and Orient Securities (Hong Kong).
Dalian Wanda Group is a real estate company based in Beijing.
Issuer: | Wanda Group Overseas Ltd.
|
Guarantor: | Dalian Wanda Group Co., Ltd.
|
Issue: | Bonds
|
Amount: | $400 million
|
Maturity: | 2022
|
Bookrunners: | Credit Suisse, China Everbright Bank, Hong Kong Branch, HSBC, China Securities International, Bank of China, CMB International, Nomura, China Citic Bank International, China International Capital Corp., CM Financial, CMB Wing Lung Bank Ltd., Founder Securities (Hong Kong) Capital Co. Ltd. and Orient Securities (Hong Kong)
|
Coupon: | 7½%
|
Price: | 99.015
|
Pricing date: | July 17
|
Listing date: | July 25
|
© 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.