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Published on 9/29/2021 in the Prospect News Emerging Markets Daily.

New Issue: China’s Taizhou Oriental prices $50 million 6.3% three-year bonds

By William Gullotti

Buffalo, N.Y., Sept. 29 – Taizhou Oriental China Medical City Holding Group Co., Ltd. issued $50 million of 6.3% bonds due 2024, according to a listing notice on Wednesday.

Fosun Hani, Guoyuan Capital and China PA Securities (Hong Kong) Co., Ltd. are the joint lead managers and joint bookrunners for the offering.

Listing for the bonds is expected on the Singapore Exchange effective Sept. 30.

The issuer is an investment company engaged in construction investments, foreign investments, market management, medical drug development, and other services.

Issuer:Taizhou Oriental China Medical City Holding Group Co., Ltd.
Issue:Bonds
Amount:$50 million
Maturity:Sept. 27, 2024
Bookrunners:Fosun Hani, Guoyuan Capital and China PA Securities (Hong Kong) Co., Ltd.
Coupon:6.3%
Issue date:Sept. 27
Listing date:Sept. 30

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