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Published on 1/20/2023 in the Prospect News Emerging Markets Daily.

New Issue: Hong Kong’s Agile Group unit sells RMB 1.2 billion 4.7% three-year notes

By Mary-Katherine Stinson

Lexington, Ky., Jan. 20 – Agile Group Holdings Ltd.’s wholly owned subsidiary, Guangzhou Panyu Agile Realty Development Co., Ltd., priced RMB 1.2 billion 4.7% three-year notes, according to a notice.

The notes are guaranteed by China Bond Insurance Co., Ltd.

The first tranche of 2023 medium-term notes was issued on Jan. 18.

The property developer is based in Hong Kong.

Issuer:Guangzhou Panyu Agile Realty Development Co., Ltd.
Guarantor:China Bond Insurance Co., Ltd.
Amount:RMB 1.2 billion
Issue:Notes
Maturity:2026
Coupon:4.7%
Settlement date:Jan. 18
Distribution:China

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