By William Gullotti
Buffalo, N.Y., June 9 – Haimen Zhongnan Investment Development (International) Co., Ltd., a subsidiary of Jiangsu Zhongnan Construction Group Co., Ltd., priced $150 million of 12% guaranteed senior notes due 2022, according to a listing notice.
The notes are guaranteed by the parent.
The joint global coordinators, joint lead managers and joint bookrunners are Guotai Junan International, Standard Chartered Bank, Barclays, Haitong International and Bocom International.
They are joined as joint lead managers and joint bookrunners by CMBC Capital, Orient Securities (Hong Kong), Admiralty Harbour, CRIC Securities, JQ Securities and Vision Capital International.
Listing of the notes on the Stock Exchange of Hong Kong Ltd. is expected to take effect June 10.
The Haimen Zhongnan property development and construction services company is located in the Jiangsu Province of China.
| Issuer: | Haimen Zhongnan Investment Development (International) Co., Ltd.
|
| Guarantor: | Jiangsu Zhongnan Construction Group Co., Ltd.
|
| Issue: | Guaranteed senior notes
|
| Amount: | $150 million
|
| Maturity: | 2022
|
| Bookrunners: | Guotai Junan International, Standard Chartered Bank, Barclays, Haitong International, Bocom International, CMBC Capital, Orient Securities (Hong Kong), Admiralty Harbour, CRIC Securities, JQ Securities and Vision Capital International
|
| Coupon: | 12%
|
| Pricing date: | June 3
|
| Listing date: | June 10
|
| Distribution: | Regulation S
|
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