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Published on 1/11/2011 in the Prospect News Emerging Markets Daily.

China's Sinochem talks $3 billion three-year renminbi notes at 1¾%-2%

By Christine Van Dusen

Atlanta, Jan. 11 - Sinochem Hong Kong Group Co. Ltd. set price talk for its planned $3 billion three-year renminbi notes at 1¾% to 2%, a market source said Tuesday.

Deutsche Bank and Citic Securities are the bookrunners for the Regulation S-only senior notes, which are scheduled to settle on Jan. 18.

Sinochem is Hong Kong-based business conglomerate with interests in agriculture, energy, chemicals, real estate and finance.


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