By Rebecca Melvin
Concord, N.H., Jan. 26 – Fu Gang Construction Group Co. Ltd. sold $100 million 2.1% senior notes due 2025, according to a listing notice Wednesday.
The notes have the benefit of an irrevocable standby letter of credit issued by Bank of Jiangsu Co. Ltd. Nantong Branch.
Regulation S bonds priced at par and are being listed on the Stock Exchange of Hong Kong Ltd.
Guotai Junan International, Haitong International and CMB Wing Lung Bank are joint lead managers and joint bookrunners.
The engineering and construction company is based in Hsinchu City, Taiwan.
| Issuer: | Fu Gang Construction Group Co. Ltd.
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| Amount: | $100 million
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| Issue: | Credit-enhanced notes
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| Maturity: | Jan. 25, 2025
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| Bookrunners: | Guotai Junan International, Haitong International and CMB Wing Lung Bank
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| Trustee: | Bank of New York Mellon, London Branch
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| Coupon: | 2.1%
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| Price: | Par
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| Yield: | 2.1%
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| Issue date: | Jan. 25
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| Distribution: | Regulation S
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| ISIN: | XS2434896952
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