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Published on 1/16/2019 in the Prospect News Emerging Markets Daily.

New Issue: China’s Legend Holdings issues RMB 3 billion three-, five-year bonds

By Sarah Lizee

Olympia, Wash., Jan. 16 – Legend Holdings Corp. issued RMB 3 billion of corporate bonds in two parts on Tuesday, according to a notice.

The issue includes RMB 2 billion of 4˝% three-year bonds and RMB 1 billion of 5.3% five-year bonds.

This is the company’s first tranche of bonds for 2019.

Legend is a Beijing-based investment holding company.

Issuer:Legend Holdings Corp.
Issue:Corporate bonds, 2019 first tranche
Amount:RMB 3 billion
Settlement date:Jan. 15
Three-year bonds
Amount:RMB 2 billion
Maturity:Three years
Coupon:4˝%
Five-year bonds
Amount:RMB 1 billion
Maturity:Five years
Coupon:5.3%

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