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Published on 7/7/2014 in the Prospect News Emerging Markets Daily.

New Issue: Hong Kong Science prices HK$1.71 billion five-, 10-year notes

By Christine Van Dusen

Atlanta, July 7 – Hong Kong Science and Technology Parks Corp. priced a combined HK$1.71 billion of five- and 10-year notes on Friday, a market source said.

The deal included HK$855 million five-year notes that priced at par to yield 2.12% and HK$852 million of 10-year notes that priced at par to yield 3.2%.

ANZ, CCB International and Standard Chartered Bank were the bookrunners for the Regulation S deal.

Issuer:Hong Kong Science and Technology Parks Corp.
Amount:HK$1,707,000,000
Description:Notes
Bookrunners:ANZ, CCB International, Standard Chartered Bank (Hong Kong)
Trade date:July 4
Settlement date:July 11
Distribution:Regulation S
Five-year notes
Amount:HK$855 million
Maturity:July 11, 2019
Coupon:2.12%
Price:Par
Yield:2.12%
10-year notes
Amount:HK$852 million
Maturity:July 11, 2024
Coupon:3.2%
Price:Par
Yield:3.2%

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