New Issue: Beijing Enterprises Water prices $500 million 4.95% bonds due 2023

New York, April 24 – Beijing Enterprises Water Group Ltd. priced $500 million of 4.95% bonds due 2023 at 99.781 to yield 5%, according to an announcement.

Deutsche Bank AG, Hong Kong Branch, Mizuho Securities Asia Ltd., UBS AG Hong Kong Branch, Bank of China (Hong Kong) Ltd., China CITIC Bank International Ltd., China Everbright Bank Co., Ltd., Hong Kong Branch, China International Capital Corp. Hong Kong Securities Ltd., China Securities (International) Corporate Finance Co. Ltd., DBS Bank Ltd., Industrial and Commercial Bank of China (Asia) Ltd. and Wing Lung Bank Ltd. are the joint lead managers for the Regulation S offering.

Proceeds will be used to refinance existing borrowings and for general working capital purposes.

Beijing Enterprises Water Group is a Hong Kong-based provider of water services and environmental protection services in China.

Issuer:	Beijing Enterprises Water Group Ltd.
Issue:	Bonds
Amount:	$500 million
Maturity:	May 2, 2023
Coupon:	4.95%
Price:	99.781
Yield:	5%
Lead managers:	Deutsche Bank AG, Hong Kong Branch, Mizuho Securities Asia Ltd., UBS AG Hong Kong Branch, Bank of China (Hong Kong) Ltd., China CITIC Bank International Ltd., China Everbright Bank Co., Ltd., Hong Kong Branch, China International Capital Corp. Hong Kong Securities Ltd., China Securities (International) Corporate Finance Co. Ltd., DBS Bank Ltd., Industrial and Commercial Bank of China (Asia) Ltd. and Wing Lung Bank Ltd.
Pricing date:	April 24
Settlement date:	May 2
Distribution:	Regulation S

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