E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/8/2020 in the Prospect News Emerging Markets Daily.

New Issue: China’s Shuifa sells $350 million of 4.3% guaranteed bonds due 2023

By Sarah Lizee

Olympia, Wash., May 8 – Shuifa Group Co., Ltd. subsidiary Shuifa International Holdings (BVI) Co., Ltd. sold $350 million of 4.3% guaranteed bonds due 2023, according to a notice of listing with the Stock Exchange of Hong Kong Ltd.

Shuifa Group guarantees the bonds.

Guotai Junan International, China International Capital Corp., Zhongtai International and Standard Chartered Bank are joint global coordinators and are joint lead managers and joint bookrunners together with ICBC International, China Minsheng Banking Corp. Ltd., Hong Kong Branch, SPDB International, China Everbright Bank Hong Kong Branch, China Securities International and Bank of China.

Listing is expected for Monday.

Shuifa Group is a water supply company based in the Shandong province of China.

Issuer:Shuifa International Holdings (BVI) Co., Ltd.
Guarantor:Shuifa Group Co., Ltd.
Issue:Guaranteed bonds
Amount:$350 million
Maturity:2023
Bookrunners:Guotai Junan International, China International Capital Corp., Zhongtai International, Standard Chartered Bank, ICBC International, China Minsheng Banking Corp. Ltd., Hong Kong Branch, SPDB International, China Everbright Bank Hong Kong Branch, China Securities International and Bank of China
Coupon:4.3%
Pricing date:April 29
Listing date:May 8
Distribution:Regulation S

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.