New Issue: Chongqing Nan'an Urban sells $150 million 4.2% bonds due 2024

By William Gullotti

Buffalo, N.Y., July 7 – Chongqing Nan'an Urban Construction & Development (Group) Co., Ltd. issued $150 million of 4.2% bonds due July 7, 2024, according to a Singapore Exchange notice Wednesday.

Bank of China Ltd., Singapore Branch, Bank of China Ltd., CEB International Capital Corp., Ltd., China Construction Bank (Asia) Corp., Ltd., China Everbright Bank Co., Ltd., Hong Kong Branch, China Industrial Securities International Brokerage Ltd., CMB International Capital Ltd., CNCB (Hong Kong) Capital Ltd., Guotai Junan Securities (Hong Kong) Ltd., Haitong Bank, SA, Haitong International Securities Co., Ltd., Industrial Bank Co., Ltd. Hong Kong Branch and Shenwan Hongyuan Securities (H.K.) Ltd. are the joint lead managers and joint bookrunners.

The listing is expected to be effective July 8.

The issuer is based in Chongqing, China, and engages in the land development, infrastructure construction, property leasing and management, loan financing, supply-chain finance, and other businesses.

Issuer:	Chongqing Nan'an Urban Construction & Development (Group) Co., Ltd.
Issue:	Bonds
Amount:	$150 million
Maturity:	July 7, 2024
Bookrunners:	Bank of China Ltd., Singapore Branch, Bank of China Ltd., CEB International Capital Corp., Ltd., China Construction Bank (Asia) Corp., Ltd., China Everbright Bank Co., Ltd., Hong Kong Branch, China Industrial Securities International Brokerage Ltd., CMB International Capital Ltd., CNCB (Hong Kong) Capital Ltd., Guotai Junan Securities (Hong Kong) Ltd., Haitong Bank, SA, Haitong International Securities Co., Ltd., Industrial Bank Co., Ltd. Hong Kong Branch and Shenwan Hongyuan Securities (H.K.) Ltd.
Coupon:	4.2%
Issue date:	July 7
Listing date:	July 8

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