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Published on 3/15/2021 in the Prospect News Emerging Markets Daily.

New Issue: SIIC Environment sells RMB 1.5 billion of corporate bonds

Chicago, March 15 – SIIC Environment Holdings Ltd. has sold RMB 1.5 billion of five-year bonds with a 3.89% interest rate, according to an announcement.

As previously reported, proceeds will be used to repay existing debt.

Essence Securities Co., Ltd., China International Capital Corp. Ltd. and Ping An Securities Ltd. are underwriters.

SIIC is a water treatment, solid waste treatment and other environment-related businesses group based in Singapore.

Issuer:SIIC Environment Holdings Ltd.
Issue:Corporate bonds
Amount:RMB 1.5 billion
Tenor:Five years
Bookrunners:Essence Securities Co., Ltd., China International Capital Corp. Ltd. and Ping An Securities Ltd.
Coupon:3.89%
Trade date:March 12
Settlement date:March 15
Distribution:China

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