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Published on 8/10/2016 in the Prospect News Emerging Markets Daily.

New Issue: Hong Kong’s Skyfame sells HK$40 million add-on to 0.1% bonds due 2032

By Marisa Wong

Morgantown, W.Va., Aug. 10 – Skyfame Realty (Holdings) Ltd. issued another HK$40 million of 0.1% bonds due 2032.

The issue will be consolidated and form a single series with the HK$550 million of existing 0.1% bonds due 2032 issued under the company’s HK$2.3 billion medium-term bond program established in August 2015, according to a company notice.

The company issued the initial HK$20 million of 0.1% bonds due 2032 in January and priced subsequent add-ons totaling HK$530 million.

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

Issuer:Skyfame Realty (Holdings) Ltd.
Issue:Bonds
Amount:HK$40 million add-on
Maturity:2032
Coupon:0.1%
Pricing date:Aug. 5 for latest add-on
Total amount:HK$590 million, including HK$550 million priced previously

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