New Issue: Shandong Offshore Equipment unit sells $200 million 4.8% bonds due 2023

By Marisa Wong

Los Angeles, Sept. 28 – Shandong Offshore Equipment Co., Ltd. subsidiary SDOE Development I Co. Ltd. issued $200 million of 4.8% guaranteed bonds due 2023 on Monday, according to a notice.

China International Capital Corp. Hong Kong Securities Ltd., Huatai Financial Holdings (Hong Kong) Ltd., Industrial Bank Co., Ltd. Hong Kong Branch, Shenwan Hongyuan Securities (H.K.) Ltd., Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch, Guotai Junan Securities (Hong Kong) Ltd., Zhongtai International Securities Ltd. and CCB International Capital Ltd. are bookrunners for the offering.

SDOE is a marine and offshore energy company based in Qingdao, China.

Issuer:	SDOE Development I Co. Ltd.
Issue:	Notes
Amount:	$200 million
Maturity:	Sept. 28, 2023
Bookrunners:	China International Capital Corp. Hong Kong Securities Ltd., Huatai Financial Holdings (Hong Kong) Ltd., Industrial Bank Co., Ltd. Hong Kong Branch, Shenwan Hongyuan Securities (H.K.) Ltd., Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch, Guotai Junan Securities (Hong Kong) Ltd., Zhongtai International Securities Ltd. and CCB International Capital Ltd.
Coupon:	4.8%
Settlement date:	Sept. 28

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