Published on 5/6/2021 in the Prospect News Emerging Markets Daily.
New Issue: Nanjing Jiangbei New Area unit sells $300 million 2.6% notes due 2022
By Rebecca Melvin
Concord, N.H., May 6 – Industrial Investment Overseas Ltd., a wholly-owned subsidiary of Nanjing Jiangbei New Area Industrial Investment Group, has issued $300 million of 2.6% notes due 2022 (expected rating: //BBB), according to a listing notice.
The notes will be listed on the Singapore Exchange on Friday.
China International Capital Corp. Hong Kong Securities Ltd., Huatai Financial Holdings (Hong Kong) Ltd., Bank of China Ltd., Orient Securities (Hong Kong) Ltd., Shanghai Pudong Development Bank Co. Ltd., Hong Kong Branch, China Citic Bank International Ltd., China Everbright bank Co. Ltd. Hong Kong Branch and CMB Eing Lung Bank Ltd. are the lead managers and bookrunners of the Regulation S deal.
China-based Nanjing Jiangbei Investment is engaged mainly in urban development and industrial facility leasing.
Issuer: | Industrial Investment Overseas Ltd.
|
Parent: | Naniing Jiangbei New Area Industrial Investment Group
|
Issue: | Notes
|
Amount: | $300 million
|
Maturity: | May 5, 2022
|
Bookrunners: | China International Capital Corp. Hong Kong Securities Ltd., Huatai Financial Holdings (Hong Kong) Ltd., Bank of China Ltd., Orient Securities (Hong Kong) Ltd., Shanghai Pudong Development Bank Co. Ltd., Hong Kong Branch, China Citic Bank International Ltd., China Everbright bank Co. Ltd. Hong Kong Branch and CMB Eing Lung Bank Ltd.
|
Coupon: | 2.6%
|
Listing date: | May 7
|
Distribution: | Regulation S
|
Expected rating: | Fitch: BBB
|
|
© 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.