Published on 7/28/2022 in the Prospect News Emerging Markets Daily.
New Issue: Shangcheng Urban unit sells $300 million 4½% bonds due 2023
By Marisa Wong
Los Angeles, July 28 – Hangzhou Shangcheng District Urban Construction Investment Group Co. Ltd.’s wholly owned special purpose vehicle Zhejiang Boxin (BVI) Ltd. issued $300 million of 4½% bonds due 2023 (//BBB) on Thursday, according to a Singapore Exchange notice.
Proceeds will be used for project construction and replenishing working capital, according to a Fitch rating notice.
Issuer: | Zhejiang Boxin (BVI) Ltd.
|
Amount: | $300 million
|
Issue: | Bonds
|
Maturity: | July 27, 2023
|
Coupon: | 4½%
|
Issue date: | July 28
|
Listing date: | July 29
|
Listing: | Singapore
|
Rating: | Fitch: BBB
|
ISIN: | XS2502241412
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.