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Published on 10/12/2021 in the Prospect News Emerging Markets Daily.

New Issue: China’s Nanshan Capital prices $95 million add-on to 7% guaranteed bonds due 2022

By Rebecca Melvin

Concord, N.H., Oct. 12 – Nanshan Capital Holdings Ltd. has issued $95 million of 7% guaranteed bonds due 2022, which will be consolidated and form a single series with an existing $110 million of the notes, according to a listing notice.

The initial bonds were issued on June 29. Nanshan Group Co., Ltd. is guarantor of the entire issue, which is now $205 million in size.

Guotai Junan International was placing agent for the add-on, which was expected to become listed on the Hong Kong Exchange on Tuesday.

China-based Nanshan manufactures aluminum products.

Issuer:Nanshan Capital Holdings Ltd.
Guarantor:Nanshan Group Co., Ltd.
Issue:Add-on to guaranteed bonds
Amount:$95 million
Maturity:2022
Placing agent:Guotai Junan International
Coupon:7%
Listing date:Oct. 12
Total deal size:$205 million, including $110 million issued on June 29

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