New Issue: Guangzhou Finance unit prices $300 million 2.15% bonds due 2024

By Marisa Wong

Los Angels, May 6 – Guang Ying Investment Ltd. priced $300 million of 2.15% bonds due 2024 (//A-) guaranteed by parent company Guangzhou Finance Holdings Group Co., Ltd., according to a notice.

Bank of China, China Citic Bank International, China Everbright Bank Hong Kong Branch, China Minsheng Banking Corp., Ltd., Hong Kong Branch, Industrial Bank Co., Ltd. Hong Kong Branch, Luso Bank Ltd., Shanghai Pudong Development Bank Hong Kong Branch and Shenwan Hongyuan (HK) are the joint lead managers and joint bookrunners.

China International Capital Corp., ICBC International, Huatai International and China Industrial Securities International are the joint global coordinators.

The investment company is based in Guangzhou, China.

Issuer:	Guang Ying Investment Ltd.
Guarantor:	Guangzhou Finance Holdings Group Co., Ltd.
Issue:	Bonds
Amount:	$300 million
Maturity:	2024
Bookrunners:	Bank of China, China Citic Bank International, China Everbright Bank Hong Kong Branch, China Minsheng Banking Corp., Ltd., Hong Kong Branch, Industrial Bank Co., Ltd. Hong Kong Branch, Luso Bank Ltd., Shanghai Pudong Development Bank Hong Kong Branch and Shenwan Hongyuan (HK)
Coupon:	2.15%
Pricing date:	April 29
Listing date:	May 7
Listing:	Stock Exchange of Hong Kong Ltd.
Rating:	Fitch: A-

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