Sinochem issued international bonds for USD 300.0m maturing in 2022 with a 3.124% coupon. Bonds were sold at a price of 100% with an initial yield of 3.124%. Bookrunner: Bank of America Merrill Lynch
Depository: Euroclear Bank, Clearstream Banking S.A..
|Issuer, issue number||Sinochem International, 3.124% 24may2022, USD |
|Type of debt instrument||International bonds |
|Issue status||outstanding |
|Type of placement||Public |
|Par, currency of issue||USD 200,000 |
|End of placement||05/17/2017 |
|Initial issue price||100 |
|Yield at pricing||3.124 |
|Coupon frequency||2 time(s) per year|
|Settlement date||05/24/2017 |
|Maturity date||05/24/2022 |
|Issue Managers||Bookrunner: Bank of America Merrill Lynch
Depository: Euroclear Bank, Clearstream Banking S.A.
Arranger Legal Adviser (International law): Baker & McKenzie |
|Trading floor||Hong Kong S.E. |
|In December 1998, Sinochem International Corporation, which was derived from the business of rubber, plastics, chemical products & logistics and transportation operations, was founded in Beijing, and...