New Issue: China’s Guangdong Province sells RMB 2 billion 2.65% bonds due 2025

Chicago, Nov. 8 – The People’s Government of Guangdong Province of the People’s Republic of China priced RMB 2 billion of 2.65% bonds due 2025 at par, according to an offering document.

The global coordinator, joint bookrunners and joint lead managers was Bank of China Macau Branch.

The joint bookrunners and joint lead managers are ICBC (Macau), China Construction Bank Corp. Macau Branch, Agricultural Bank of China Ltd. Macao Branch, Bank of Communications Macau Branch, Standard Chartered Bank, Luso Bank Ltd., Macau Chinese Bank, Chong Hing Bank Ltd. Macau Branch, China International Capital Corp., Industrial Bank Co., Ltd. Hong Kong Branch, Citic Securities, China Everbright Bank Hong Kong Branch, China Citic Bank International, China Galaxy International and GF Securities.

Proceeds will be used for infrastructure construction in Nansha District of Guangzhou City.

Issuer:	Guangdong Province
Amount:	RMB 2 billion
Issue:	Bonds
Maturity:	Nov. 7, 2025
Bookrunners:	Bank of China Macau Branch, ICBC (Macau), China Construction Bank Corp. Macau Branch, Agricultural Bank of China Ltd. Macao Branch, Bank of Communications Macau Branch, Standard Chartered Bank, Luso Bank Ltd., Macau Chinese Bank, Chong Hing Bank Ltd. Macau Branch, China International Capital Corp., Industrial Bank Co., Ltd. Hong Kong Branch, Citic Securities, China Everbright Bank Hong Kong Branch, China Citic Bank International, China Galaxy International and GF Securities
Trustee:	China Central Depository & Clearing Co., Ltd. as fiscal agent
Counsel to issuer:	ETF Law Firm, Linklaters, MdME Lawyers
Counsel to underwriters:	Fangda Partners, STA-Lawyers
Coupon:	2.65%
Price:	Par
Yield:	2.65%
Trade date:	Oct. 28
Settlement date:	Nov. 7
Distribution:	Regulation S
ISIN:	MO0000000097

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.