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Published on 6/21/2016 in the Prospect News Emerging Markets Daily.

New Issue: Hong Kong’s Skyfame Realty prices HK$100 million 10% three-year bonds

By Marisa Wong

Morgantown, W.Va., June 21 – Skyfame Realty (Holdings) Ltd. announced it priced HK$100 million of three-year bonds on Tuesday.

The 10% bonds will be issued at par.

Crosby Securities Ltd. is the bookrunner.

The bonds are callable and putable after two years.

Skyfame Realty is Hong Kong-based investment holding company focused on property development.

Issuer:Skyfame Realty (Holdings) Ltd.
Issue:Bonds
Amount:HK$100 million
Maturity:Three years
Bookrunner:Crosby Securities Ltd.
Coupon:10%
Price:Par
Yield:10%
Call option:After two years
Put option:After two years
Pricing date:June 21
Settlement date:No later than Aug. 31

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