New Issue: China’s Guangxi Liuzhou Dongcheng prices $300 million 7% bonds due 2022

By Angela McDaniels

Tacoma, Wash., Sept. 30 – Guangxi Liuzhou Dongcheng Investment Development Group Co., Ltd. priced $300 million of 7% bonds due 2022, according to a notice of listing on the Stock Exchange of Hong Kong Ltd.

The bonds priced at par.

The lead managers and bookrunners were Guotai Junan International, CCB International, Bocom International, China Citic Bank International, CMBC Capital, DBS Bank Ltd., Haitong International and Industrial Bank Co., Ltd., Hong Kong Branch, Central Wealth Securities Investment Ltd., CRIC Securities, Haitong Bank and Prestige Securities Ltd.

The issuer is a local government investment and financing platform and state-owned enterprise based in Liuzhou, China.

Issuer:	Guangxi Liuzhou Dongcheng Investment Development Group Co., Ltd.
Issue:	Bonds
Amount:	$300 million
Maturity:	2022
Coupon:	7%
Price:	Par
Yield:	7%
Bookrunners:	Guotai Junan International, CCB International, Bocom International, China Citic Bank International, CMBC Capital, DBS Bank Ltd., Haitong International and Industrial Bank Co., Ltd., Hong Kong Branch (global coordinators), Central Wealth Securities Investment Ltd., CRIC Securities, Haitong Bank and Prestige Securities Ltd.
Pricing date:	Sept. 25
Listing date:	Oct. 2

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