Published on 6/29/2020 in the Prospect News Emerging Markets Daily.
New Issue: Hong Kong’s Sino-Ocean Land sells $300 million 5 6/8% notes due 2021
By Wendy Van Sickle
Columbus, Ohio, June 29 – Sino-Ocean Group Holding Ltd. subsidiary Mega Wisdom Global Ltd. priced $300 million of 5 6/8% guaranteed notes due 2021, according to a listing notice with the Stock Exchange of Hong Kong Ltd.
Sino-Ocean guarantees the notes along with Fortune Joy Ventures Ltd.
Haitong International, J.P. Morgan, HSBC and Standard Chartered Bank were the joint global coordinators and were joined as lead managers and bookrunners by Huatai Financial Holdings (Hong Kong) Ltd., Guotai Junan International, CMB Wing Lung Bank Ltd., CMBC Capital and Central Wealth Securities Investment Ltd.
The property developer is based in Hong Kong.
| Issuer: | Mega Wisdom Global Ltd.
|
| Guarantors: | Sino-Ocean Group Holding Ltd. and Fortune Joy Ventures Ltd.
|
| Issue: | Guaranteed notes
|
| Amount: | $300 million
|
| Maturity: | 2021
|
| Bookrunners: | Haitong International, J.P. Morgan, HSBC, Standard Chartered Bank, Huatai Financial Holdings (Hong Kong) Ltd., Guotai Junan International, CMB Wing Lung Bank Ltd., CMBC Capital and Central Wealth Securities Investment Ltd.
|
| Coupon: | 5 6/8%
|
| Listing date: | June 30
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
