By Sarah Lizee
Olympia, Wash., June 27 – Kunming Traffic Investment Co., Ltd. sold $300 million of 6.2% notes due 2020 under its $2 billion medium-term note program, according to a Stock Exchange of Hong Kong listing notice.
Standard Chartered Bank and ABC International are the arrangers and joint lead managers.
Listing is expected to become effective Friday.
The infrastructure construction services company operates in the Kunming district of China.
| Issuer: | Kunming Traffic Investment Co., Ltd.
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| Issue: | Notes
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| Amount: | $300 million
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| Maturity: | 2020
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| Bookrunners: | Standard Chartered Bank and ABC International
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| Coupon: | 6.2%
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| Announcement date: | June 27
|
| Listing date: | June 28
|
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