By Marisa Wong
Madison, Wis., Dec. 18 - Emperor International Holdings Ltd. announced that its indirect wholly owned subsidiary, Big Right Investment Ltd., issued $110 million of 4.8% guaranteed notes due 2018.
The notes were offered to professional investors through a book-building exercise conducted by Emperor Securities Ltd., China Minsheng Banking Corp., Ltd. Hong Kong Branch and Guotai Junan Securities (Hong Kong) Ltd. as joint lead managers.
Proceeds from the Regulation S offering will be used for general working capital purposes.
Listing of the notes on the Stock Exchange of Hong Kong Ltd. is expected to become effective Thursday.
Emperor International is an investment holding company based in Hong Kong.
| Issuer: | Big Right Investment Ltd.
|
| Guarantor: | Emperor International Holdings Ltd.
|
| Issue: | Dollar-denominated guaranteed notes
|
| Amount: | $110 million
|
| Maturity: | 2018
|
| Coupon: | 4.8%
|
| Managers: | Emperor Securities Ltd., China Minsheng Banking Corp., Ltd. Hong Kong Branch and Guotai Junan Securities (Hong Kong) Ltd.
|
| Pricing date: | Dec. 13
|
| Distribution: | Regulation S
|
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