By Marisa Wong
Morgantown, W.Va., March 26 – Guotai Junan International Holdings Ltd. priced $50 million of additional 2.8% notes due November 2018 to be consolidated and form a single series with the $400 million of existing 2.8% notes due 2018, according to a notice.
The company issued an initial $300 million of one-year notes on Nov. 9 and another $100 million on Nov. 16.
The 2.8% notes were issued under the company’s HK$15 billion medium-term note program.
Listing of the latest Regulation S notes on the Stock Exchange of Hong Kong Ltd. is expected to become effective Tuesday.
Guotai Junan is a Hong Kong-based investment holding company.
| Issuer: | Guotai Junan International Holdings Ltd.
|
| Issue: | Medium-term notes, add-on
|
| Amount: | $50 million
|
| Maturity: | November 2018
|
| Coupon: | 2.8%
|
| Pricing date: | March 20
|
| Listing date: | March 27
|
| Distribution: | Regulation S
|
| Total issuance: | $450 million (including $300 million issued on Nov. 9 and $100 million issued on Nov. 16)
|
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