Published on 3/16/2020 in the Prospect News Emerging Markets Daily.
New Issue: China Jinmao unit issues RMB 2.5 billion 3.1% three-year notes
By Marisa Wong
Los Angeles, March 16 – China Jinmao Holdings Group Ltd. said it issued RMB 2.5 billion of 3.1% three-year notes through indirect wholly owned subsidiary Shanghai Jinmao Investment Management Group Co., Ltd.
Proceeds will be used to repay debt.
China Jinmao is a Hong Kong-based investment holding company that invests in and develops real estate in mainland China.
| Issuer: | Shanghai Jinmao Investment Management Group Co., Ltd.
|
| Issue: | Fixed-rate notes
|
| Amount: | RMB 2.5 billion
|
| Maturity: | Three years
|
| Coupon: | 3.1%
|
| Settlement date: | March 13
|
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