New Issue: Wealthy Vision issues $300 million 3.3% guaranteed bonds due 2024

By William Gullotti

Buffalo, N.Y., June 1 – Wealthy Vision Holdings Ltd. issued $300 million of 3.3% guaranteed bonds due 2024, according to a notice.

The notes are guaranteed by Jiangsu Shagang Group Co., Ltd. (BBB-/BBB-)

The joint global coordinators, joint lead managers and joint bookrunners for the Regulation S bonds are Standard Chartered Bank, China International Capital Corp., China Citic Bank International, DBS Bank Ltd. and CMB International.

They are joined by joint lead managers and joint bookrunners Hua Xia Bank Co., Ltd. Hong Kong Branch, Shanghai Pudong Development Bank Hong Kong Branch, CLSA, Industrial Bank Co., Ltd. Hong Kong Branch and Bank of China.

Jiangsu Shagang Group is the largest private steel enterprise in China. Headquarters are in Zhangjiagang City in the Jiangsu province.

Issuer:	Wealthy Vision Holdings Ltd.
Guarantor:	Jiangsu Shagang Group Co., Ltd.
Issue:	Guaranteed bonds
Amount:	$300 million
Maturity:	2024
Bookrunners:	Standard Chartered Bank, China International Capital Corp., China Citic Bank International, DBS Bank Ltd., CMB International, Hua Xia Bank Co., Ltd., Hong Kong Branch, Shanghai Pudong Development Bank Hong Kong Branch, CLSA, Industrial Bank Co., Ltd. Hong Kong Branch and Bank of China
Coupon:	3.3%
Issue date:	May 25
Listing date:	June 2
Distribution:	Regulation S

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