By Christine Van Dusen
Atlanta, Dec. 19 – Baoxin Auto Finance I Ltd. priced a $100 million tap of its 8¾% perpetual senior notes at 99.355 on Monday, according to a company filing.
CICC HK Securities was the bookrunner for the Regulation S deal.
The company priced $300 million of 8¾% senior perpetual securities at 99.355 on Dec. 8.
Baoxin is an automobile dealership based in Shanghai.
| Issuer: | Baoxin Auto Finance I Ltd.
|
| Amount: | $100 million
|
| Maturity: | Perpetual
|
| Description: | Senior notes
|
| Bookrunner: | CICC HK Securities
|
| Coupon: | 8¾%
|
| Price: | 99.355
|
| Trade date: | Dec. 19
|
| Settlement date: | Dec. 23
|
| Distribution: | Regulation S
|
| Previous issue: | $300 million priced at 99.355 on Dec. 8
|
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