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