New Issue: Sinochem Hong Kong prices RMB 3.5 billion 1.8% notes due 2014 at par

By Christine Van Dusen

Atlanta, Jan. 12 - Sinochem Hong Kong Group priced RMB 3.5 billion of notes due Jan. 18, 2014 at par to yield 1.8%, a market source said.

Deutsche Bank and Citic Securities were the bookrunners for the Regulation S-only deal, which was talked at 1¾% to 2%.

Sinochem is a business conglomerate based in Hong Kong.

Issuer:	Sinochem Hong Kong Group
Amount:	RMB 3.5 billion
Maturity:	Jan. 18, 2014
Description:	Notes
Bookrunners:	Deutsche Bank, Citic Securities
Coupon:	1.8%
Price:	Par
Yield:	1.8%
Trade date:	Jan. 12
Settlement date:	Jan. 18
Distribution:	Regulation S only
Price talk:	1¾% to 2%

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