New bond issue: China Huarong International Holdings issued international bonds for SGD 600.0m maturing in 2021 with a 3.2% coupon.

April 21, 2017 - Cbonds

 

China Huarong International Holdings issued international bonds for SGD 600.0m maturing in 2021 with a 3.2% coupon. Bonds were sold at a price of 100% with an initial yield of 3.2%. Bookrunner: DBS Bank, HSBC, Standard Chartered Bank
Depository: Euroclear Bank, Clearstream Banking S.A..
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Issuer, issue numberChina Huarong International Holdings, 3.2% 27apr2021, SGD
Type of debt instrumentInternational bonds
Issue statusoutstanding
Type of placementPublic
Par, currency of issueSGD 250,000
Amount600,000,000
ISINXS1602111566
End of placement04/20/2017
Initial issue price100
Yield at pricing3.2
Coupon3.2%
Coupon frequency2 time(s) per year
Settlement date04/27/2017
Maturity date04/27/2021
Issue ManagersBookrunner: DBS Bank, HSBC, Standard Chartered Bank Depository: Euroclear Bank, Clearstream Banking S.A. Paying agent: BNY Mellon (London branch) Trustee: BNY Mellon (London branch) Issuer Legal Adviser (International law): Linklaters Arranger Legal Adviser (International law): Clifford Chance Issuer Legal Adviser (Domestic law): Jun He, Maples & Calder Arranger Legal Adviser (Domestic law): Commerce & Finance
Trading floorHong Kong S.E.
Issuer: China Huarong International Holdings
Issuer profile:
China Huarong International Holdings Limited operates as a holding company, subsidiary of China Huarong Asset Management Co. Ltd.
Outstanding issues:
5 issuesUSD2,970,000,000
1 issuesSGD600,000,000