New Issue: China Jianyin sells $500 million 3 3/8% bonds due 2022

By Sarah Lizee

Olympia, Wash., July 25 – China Jianyin Investment Ltd. sold $500 million of 3 3/8% bonds due 2022 (//A+), according to an announcement.

The notes were issued through the company’s offshore special-purpose entity, Xingsheng (BVI) Co. Ltd., and guaranteed by JIC Leasing Co. Ltd., a 75% owned subsidiary of China Jianyin.

The joint lead managers and joint bookrunners are BofA Securities Inc., Bank of China, Cinda International, DBS Bank Ltd., HSBC, Mizuho Securities, Agricultural Bank of China Ltd., Hong Kong Branch, Bank of Communications, China Citic Bank, China Construction Bank (Asia), China Everbright Bank Hong Kong Branch, China International Capital Corp., CMB Wing Lung Bank Ltd., ICBC (Asia) and OCBC Bank.

The joint global coordinators are BofA, Bank of China, Cinda, DBS, HSBC and Mizuho.

Listing is expected for July 26 on the Stock Exchange of Hong Kong Ltd.

China Jianyin is an integrated investment group focused on equity investments. It is based in Beijing.

Issuer:	Xingsheng (BVI) Co. Ltd.
Guarantor:	JIC Leasing Co. Ltd.
Issue:	Bonds
Amount:	$500 million
Maturity:	2022
Bookrunners:	BofA Securities Inc., Bank of China, Cinda International, DBS Bank Ltd., HSBC, Mizuho Securities, Agricultural Bank of China Ltd., Hong Kong Branch, Bank of Communications, China Citic Bank, China Construction Bank (Asia), China Everbright Bank Hong Kong Branch, China International Capital Corp., CMB Wing Lung Bank Ltd., ICBC (Asia) and OCBC Bank
Coupon:	3 3/8%
Listing date:	July 26
Rating:	Fitch: A+
Distribution:	Regulation S

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