By Rebecca Melvin
New York, March 18 – Beijing Capital Land Ltd. has priced $300 million 2.8% guaranteed notes due 2023 under its $1 billion guaranteed medium-term note program, according to regulatory notice.
The notes were issued through wholly owned subsidiary Beijing Capital Polaris Investment Co. Ltd.
HSBC, China Citic Bank International and CCB International were the joint global coordinators, and together with ICBC International, BOC International, Bank of Communications, Silk Road International, Bank of China Macau Branch, Guotai Junan International, China Everbright Bank Hong Kong Branch, CMB International and Haitong International were joint lead managers and joint bookrunners of the deal.
Listing on the Hong Kong Stock Exchange is expected on Thursday.
The integrated property owner is based in Beijing.
| Issuer: | Beijing Capital Polaris Investment Co. Ltd.
|
| Guarantor: | Beijing Capital Land Ltd.
|
| Issue: | Medium-term notes
|
| Amount: | $300 million
|
| Maturity: | 2023
|
| Bookrunners: | HSBC, China Citic Bank International and CCB International were joint global coordinators and together with ICBC International, BOC International, Bank of Communications, Silk Road International, Bank of China Macau Branch, Guotai Junan International, China Everbright Bank Hong Kong Branch, CMB International and Haitong International
|
| Coupon: | 2.8%
|
| Announcement date: | March 18
|
| Listing date: | March 19
|
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