By Marisa Wong
Madison, Wis., May 7 - Avic International Holdings Ltd. said it completed a RMB 600 million issue of 4.78% five-year notes.
This is the company's first tranche of medium-term notes for 2013.
Avic International, formerly Catic Shenzhen Holdings Ltd., is a Hong Kong-based investment holding company. It is the non-aeronautical branch of Aviation Industry Corp. of China and has businesses in high-tech manufacturing, real estate development, property management, hotel management, retail, import and export trade and resources development.
| Issuer: | Avic International Holdings Ltd.
|
| Issue: | Medium-term notes
|
| Amount: | RMB 600 million
|
| Maturity: | Five years
|
| Coupon: | 4.78%
|
| Settlement date: | May 6
|
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