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Published on 11/21/2022 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Charming Light to use first call date to redeem 4¼% perpetuals

Chicago, Nov. 21 – Charming Light Investments Ltd. will use the first call date to redeem its $250 million 4¼% unsubordinated guaranteed perpetual securities, according to a notice.

The notes are guaranteed by China Orient Asset Management (International) Holding Ltd. and benefit from a keepwell deed and a deed of equity interest purchase and investment undertaking by China Orient Management Co., Ltd.

The securities will be redeemed on Dec. 21 at par with accrued distributions to the redemption date.

All of the securities are outstanding.

China Orient Asset Management is a Beijing-based financial services firm.


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