Published on 1/9/2014 in the Prospect News Emerging Markets Daily.
New Issue: Peking University Founder prices RMB 1.2 billion 5 7/8% notes due 2017 at par
By Christine Van Dusen
Atlanta, Jan. 9 - China's Peking University Founder Group Co. Ltd. priced RMB 1.2 billion three-year notes at par to yield 5 7/8%, a market source said.
DBS Bank is the bookrunner for the Regulation S notes, which include a change-of-control put at 101%.
The issuer is a Beijing-based technology conglomerate.
Issuer: | Peking University Founder Group Co. Ltd.
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Amount: | RMB 1.2 Billion
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Maturity: | Jan. 15, 2017
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Description: | Notes
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Bookrunner: | DBS Bank
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Coupon: | 5 7/8%
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Price: | Par
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Yield: | 5 7/8%
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Change-of-control put: | At 101%
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Trade date: | Jan. 8
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Settlement date: | Jan. 15
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Distribution: | Regulation S
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