Published on 6/25/2014 in the Prospect News Emerging Markets Daily.
New Issue: China’s Hang Seng Bank prints RMB 1 billion 3¼% notes due 2017 at par
By Christine Van Dusen
Atlanta, June 25 – China’s Hang Seng Bank (China) Ltd. priced RMB 1 billion three-year notes at par to yield 3¼% on Wednesday, a market source said.
HSBC was the bookrunner for the Regulation S deal.
Hang Seng is a Hong Kong-based commercial and investment bank.
Issuer: | Hang Seng Bank (China) Ltd.
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Amount: | RMB 1 billion
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Maturity: | July 3, 2017
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Description: | Senior notes
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Bookrunner: | HSBC
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Coupon: | 3¼%
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Price: | Par
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Yield: | 3¼%
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Trade date: | June 25
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Settlement date: | July 3
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Distribution: | Regulation S
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