New Issue: Ganzhou Development sells $300 million 4½% three-year bonds at par

By Devika Patel

Knoxville, Tenn., April 12 – Ganzhou Development Investment Holding Group Co. Ltd. sold $300 million of 4½% bonds due 2025 at par, according to a prospectus.

China International Capital Corp., China Securities (International) Corporate Finance Co. Ltd., Hua Xia Bank Co., Ltd., Hong Kong branch, CEB International, Industrial Bank Co., Ltd., Hong Kong branch, CNCB Capital, Shenwan Hongyuan (H.K.), Bank of China, CCB International, CLSA, CMBC Capital and Huatai International are the bookrunners.

Proceeds will be used for project investment and to supplement working capital.

Ganzhou, China-based Ganzhou Development provides investment services..

Issuer:	Ganzhou Development Investment Holding Group Co. Ltd.
Securities:	Bonds
Amount:	$300 million
Bookrunners:	China International Capital Corp., China Securities (International) Corporate Finance Co. Ltd., Hua Xia Bank Co., Ltd., Hong Kong branch, CEB International, Industrial Bank Co., Ltd., Hong Kong branch, CNCB Capital, Shenwan Hongyuan (H.K.), Bank of China, CCB International, CLSA, CMBC Capital and Huatai International
Maturity:	April 14, 2025
Coupon:	4½%
Price:	Par
ISIN:	XS2466368003
Announcement date:	April 12

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