Published on 5/30/2006 in the Prospect News Emerging Markets Daily.
New Issue: Beijing North Star RM 1.5 billion 10-year bonds yield 4.10%
By Reshmi Basu
New York, May 30 - Beijing North Star Co. Ltd. said it sold RM 1.5 billion of 10-year bonds at par to yield 4.10%.
The issuer is the Hong Kong-based property arm of the government of Beijing City. The group's principal activities include the investment, development and leasing of properties.
| Issuer: | Beijing North Star Co. Ltd.
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| Issue: | Bonds
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| Amount: | RM 1.5 billion
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| Maturity: | May 28, 2016
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| Interest rate: | 4.10%
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| Issue price: | Par
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| Yield: | 4.10%
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| Pricing date: | May 28
|
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