New Issue: Longchuang Group sells $98 million 1.9% one-year credit-enhanced guaranteed bonds

By William Gullotti

Buffalo, N.Y., Dec. 29 – China’s Longchuang Group Ltd. issued $98 million of 1.9% credit-enhanced guaranteed bonds due Dec. 27, 2022, according to a listing notice.

Central Wealth Securities Investment Ltd., BOSC International Co., Ltd., Sinolink Securities (Hong Kong) Co., Ltd., Huatai Financial Holdings (Hong Kong) Ltd., CMB Wing Lung Bank Ltd., Industrial Bank Co., Ltd., Hong Kong Branch, TFI Securities and Futures Ltd., China Zheshang Bank Co., Ltd. (Hong Kong Branch), Shenwan Hongyuan Securities (H.K.) Ltd. and SPDB International Capital Ltd. are the joint lead managers and joint bookrunners for the offering.

Listing for the bonds is expected on the Singapore Exchange effective Dec. 29.

Longchuang Group is an energy technology company based in Shanghai.

Issuer:	Longchuang Group Ltd.
Amount:	$98 million
Issue:	Credit-enhanced guaranteed bond
Maturity:	Dec. 27, 2022
Bookrunners:	Central Wealth Securities Investment Ltd., BOSC International Co., Ltd., Sinolink Securities (Hong Kong) Co., Ltd., Huatai Financial Holdings (Hong Kong) Ltd., CMB Wing Lung Bank Ltd., Industrial Bank Co., Ltd., Hong Kong Branch, TFI Securities and Futures Ltd., China Zheshang Bank Co., Ltd. (Hong Kong Branch), Shenwan Hongyuan Securities (H.K.) Ltd. and SPDB International Capital Ltd.
Coupon:	1.9%
Issue date:	Dec. 28
Listing date:	Dec. 29
ISIN:	XS2426041641

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