By Rebecca Melvin
Concord, N.H., Oct. 12 – Nanshan Capital Holdings Ltd. has issued $95 million of 7% guaranteed bonds due 2022, which will be consolidated and form a single series with an existing $110 million of the notes, according to a listing notice.
The initial bonds were issued on June 29. Nanshan Group Co., Ltd. is guarantor of the entire issue, which is now $205 million in size.
Guotai Junan International was placing agent for the add-on, which was expected to become listed on the Hong Kong Exchange on Tuesday.
China-based Nanshan manufactures aluminum products.
Issuer: | Nanshan Capital Holdings Ltd.
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Guarantor: | Nanshan Group Co., Ltd.
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Issue: | Add-on to guaranteed bonds
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Amount: | $95 million
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Maturity: | 2022
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Placing agent: | Guotai Junan International
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Coupon: | 7%
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Listing date: | Oct. 12
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Total deal size: | $205 million, including $110 million issued on June 29
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