China's Hengdeli mandates four banks for dollar notes, roadshow

By Christine Van Dusen

Atlanta, Jan. 17 - China's Hengdeli Holdings Ltd. has mandated Deutsche Bank, Standard Chartered Bank, JPMorgan and HSBC as bookrunners for a dollar-denominated offering of notes (expected ratings: Ba1//BB+), a market source said.

A roadshow for the Regulation S deal began on Thursday and will travel through Hong Kong, Singapore and London.

Hengdeli is a Hong Kong-based watch retailer and wholesaler.

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