New Issue: Beijing Enterprises Water sells $500 million five-year notes at par to yield 4 5/8%

By Christine Van Dusen

Atlanta, April 26 - China's Beijing Enterprises Water Group Ltd. printed a $500 million issue of five-year notes at par to yield 4 5/8%, a market source said.

The notes were talked at a yield in the 4¾% area.

ABC Hong Kong, DBS, Deutsche Bank, HSBC, Standard Chartered Bank and UBS were the bookrunners for the Regulation S deal.

The issuer is a water treatment company.

Issuer:	Beijing Enterprises Water Group Ltd.
Amount:	$500 million
Maturity:	May 6, 2018
Description:	Notes
Bookrunners:	ABC Hong Kong, DBS, Deutsche Bank, HSBC, Standard Chartered Bank, UBS
Coupon:	4 5/8%
Price:	Par
Yield:	4 5/8%
Trade date:	April 26
Settlement date:	May 6
Distribution:	Regulation S
Price talk:	4¾% area

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