By William Gullotti
Buffalo, N.Y., Sept. 1 – Lionbridge Capital Co. Ltd.’s New Lion Bridge Co. Ltd. subsidiary priced $150 million of 5.8% senior notes due 2022, according to a listing notice Wednesday.
The notes are guaranteed by Lionbridge and benefit from a keepwell deed provided by CCB Trust Co., Ltd.
CMB International, CCB International and Yonxi Securities are the joint global coordinators, joint lead managers, and joint bookrunners for the Regulation S offering.
The notes are expected to be listed on the Hong Kong Exchange effective Sept. 2.
Based in Hong Kong, Lionbridge provides financial and leasing services.
| Issuer: | New Lion Bridge Co. Ltd.
|
| Guarantor: | Lionbridge Capital Co. Ltd.
|
| Issue: | Senior notes
|
| Amount: | $150 million
|
| Bookrunners: | CMB International, CCB International and Yonxi Securities
|
| Coupon: | 5.8%
|
| Pricing date: | Aug. 26
|
| Listing date: | Sept. 2
|
| Distribution: | Regulation S
|
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