New Issue: China’s Guotai Junan sells $300 million 1.6% guaranteed notes due 2024

Chicago, Nov. 29 – Guotai Junan Holdings Ltd. sold $300 million of 1.6% three-year guaranteed notes (BBB+), according to an offering memo.

The notes are guaranteed by Guotai Junan Securities Co., Ltd.

The notes will be issued under the company’s $3 billion medium-term note program.

Managers for the Regulation S issue are Guotai Junan Securities (Hong Kong) Ltd., ICBC International Securities Ltd., ICBC Ltd., Singapore Branch, ICBC (Macau) ltd., Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch, SPDB International Capital Ltd. China Citic Bank International Ltd., China Construction Bank (Asia) Corp. Ltd., Bank of China Ltd., Bank of Communications Co., Ltd. Hong Kong Branch, China Minsheng Banking Corp., Ltd. Hong Kong Branch, CMBC Securities Co. Ltd., Standard Chartered Bank, HSBC Ltd., CMB Wing Lung Bank Ltd., China Everbright Bank Co., Ltd., Hong Kong Branch, Industrial Bank Co., Ltd. Hong Kong branch, ABCI Capital Ltd., BOSC International Co. Ltd., Nanyang Commercial Bank, Ltd., UBS AG Hong Kong Branch and DBS Bank Ltd.

Proceeds will be used for refinancing existing debt and for general corporate purposes of the group.

Based in Hong Kong, Guotai Junan provides integrated financial services in the China securities industry.

Issuer:	Guotai Junan Holdings Ltd.
Guarantor:	Guotai Junan Securities Co., Ltd.
Amount:	$300 million
Issue:	Guaranteed notes
Maturity:	Nov. 24, 2024
Bookrunners:	Guotai Junan Securities (Hong Kong) Ltd., ICBC International Securities Ltd., ICBC Ltd., Singapore Branch, ICBC (Macau) ltd., Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch, SPDB International Capital Ltd. China Citic Bank International Ltd., China Construction Bank (Asia) Corp. Ltd., Bank of China Ltd., Bank of Communications Co., Ltd. Hong Kong Branch, China Minsheng Banking Corp., Ltd. Hong Kong Branch, CMBC Securities Co. Ltd., Standard Chartered Bank, HSBC Ltd., CMB Wing Lung Bank Ltd., China Everbright Bank Co., Ltd., Hong Kong Branch, Industrial Bank Co., Ltd. Hong Kong branch, ABCI Capital Ltd., BOSC International Co. Ltd., Nanyang Commercial Bank, Ltd., UBS AG Hong Kong Branch and DBS Bank Ltd.
Trustee:	Bank of New York Mellon, London Branch
Counsel to issuer:	Clifford Chance, Walkers (Hong Kong), Haiwen & Partners
Counsel to bookrunners:	Linklaters, Jingtian & Gongcheng
Coupon:	1.6%
Price:	99.945
Trade date:	Nov. 17
Settlement date:	Nov. 24
Rating:	S&P: BBB+
Distribution:	Regulation S
ISIN:	CND10004NX66

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