New Issue: Hong Kong’s Bengbu Gaoxin prices $200 million 4.1% bonds due 2023

By Sarah Lizee

Olympia, Wash., Jan. 21 – Bengbu Gaoxin Investment Group Co., Ltd. priced $200 million of 4.1% credit-enhanced bonds due 2023, according to a listing notice with the Stock Exchange of Hong Kong, Ltd.

The bonds are supported by an irrevocable standby letter of credit issued by Huishang Bank Corp. Ltd.

Guoyuan Capital, Dongxing Securities (Hong Kong), Fosun Hani, China Galaxy International Securities (Hong Kong) Co., Ltd., Bank of China, China Minsheng Banking Corp., Ltd., Hong Kong Branch and Zhongtai International are the joint global coordinators, joint lead managers and joint bookrunners.

Based in Hong Kong, the issuer invests in infrastructure construction, financial and high technology areas and provides real estate development and property management services.

Issuer:	Bengbu Gaoxin Investment Group Co., Ltd.
Amount:	$200 million
Description:	Credit-enhanced bonds
Maturity:	2023
Bookrunners:	Guoyuan Capital, Dongxing Securities (Hong Kong), Fosun Hani, China Galaxy International Securities (Hong Kong) Co., Ltd., Bank of China, China Minsheng Banking Corp., Ltd., Hong Kong Branch and Zhongtai International
Announcement date:	Jan. 21
Listing date:	Jan. 22
Distribution:	Regulation S

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.