By William Gullotti
Buffalo, N.Y., June 15 – Goucheng International Co. Ltd. priced $100 million of 3.48% guaranteed bonds due 2024, according to a listing notice.
The bonds are guaranteed by Ninghai City Investment Group Ltd.
Shun Heng Securities Ltd. and Silk Road International are the joint global coordinators, joint bookrunners and joint lead managers.
The real estate investment company is based in Ningbo, China.
| Issuer: | Goucheng International Co. Ltd.
|
| Guarantor: | Ninghai City Investment Group Ltd.
|
| Issue: | Guaranteed bonds
|
| Amount: | $100 million
|
| Maturity: | 2024
|
| Bookrunners: | Shun Heng Securities Ltd. and Silk Road International
|
| Coupon: | 3.48%
|
| Issue date: | June 7
|
| Listing date: | June 16
|
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