New bond issue: Sinochem issued international bonds for USD 300.0m maturing in 2022 with a 3.124% coupon.

May 18, 2017 - Cbonds

 

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..
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Issuer, issue numberSinochem, 3.124% 24may2022, USD
Type of debt instrumentInternational bonds
Issue statusoutstanding
Type of placementPublic
Par, currency of issueUSD 200,000
Amount300,000,000
ISINXS1619012450
End of placement05/17/2017
Initial issue price100
Yield at pricing3.124
Coupon3.124%
Coupon frequency2 time(s) per year
Settlement date05/24/2017
Maturity date05/24/2022
Issue ManagersBookrunner: Bank of America Merrill Lynch Depository: Euroclear Bank, Clearstream Banking S.A.
Trading floorHong Kong S.E.
Issuer: Sinochem
Issuer profile:
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... more
Outstanding issues:
5 issuesUSD3,400,000,000
1 issuesCHF250,000,000
2 issuesCNY9,000,000,000