IFR Magazine – June 08, 2019

BOOKRUNNERSûWITHûBarclays ûRabobank ûBank of
America Merrill Lynch ûNatixis and UBS
4HEûSTATE
OWNEDûCHEMICALûCOMPANYû
BEGANûMEETINGûINVESTORSûINû(ONGû+ONG û
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3
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JIANGSU ZHONGNAN HIRES

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TOûBEûRATEDû""nû-OODYS30 

Guotai Junan InternationalûBank of China and

China Citic Bank InternationalûAREûGLOBALû

COORDINATORSû4HEYûAREûALSOûBOOKRUNNERSû

WITHûCMBC Capital and Haitong International

*IANGSUû:HONGNANû#ONSTRUCTIONû'ROUPû

FOCUSESûONûPROPERTYûDEVELOPMENTûBUILDINGû

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MANAGEMENT

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SHANGHAI INTERNATIONAL PORT (GROUP)ûRATEDû!

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NOTES

BOSC InternationalûBank of ChinaûJP Morgan

and UBSûAREûGLOBALûCOORDINATORSûASûWELLûASû

LEADûMANAGERSûANDûBOOKRUNNERSûWITHûDBS

BankûICBC InternationalûCCB Internationalû

Bank of CommunicationsûBank of America Merrill

Lynch and Industrial Bank Hong Kong branch

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DEALû

lXEDûINCOMEûINVESTORûMEETINGSûINû(ONGû

+ONGûANDû3INGAPOREûSTARTINGû*UNEûûVIAû

China Everbright Bank Hong Kong branchûBank of

China and CMB International

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CONCRETEûNEWûISSUANCEûPLANvûSAIDûAûBANKERû

FROMûONEûOFûTHEûARRANGERS

4HEûCOMPANYSûMANAGEMENTûINCLUDINGû

ASSISTANTûPRESIDENTû3HIû9ONGJIUûANDûHEADûOFû

GLOBALûMARKETSûANDûTREASURYûDEPARTMENTû:HAOû

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#-"û&INANCIALû,EASINGûISûAûCOREûSUBSIDIARYû

OFû#HINAû-ERCHANTSû"ANK

EVERBRIGHT BANK HK EYES US DOLLARS

CHINA EVERBRIGHT BANK HONG KONG BRANCHûRATEDû

"AA"""û-OODYS&ITCH ûHASûHIREDûBANKSû

FORûAûPROPOSEDûOFFERINGûOFû53ûDOLLARûSENIORû

Jun 3 2019 ICBC US$750m Jun 11 2022 3mL+72 100 3mL+72 -

Jun 3 2019 ICBC US$750m Jun 11 2024 3mL+83 100 3mL+83 -

Jun 3 2019 Shandong Commercial

Group

US$180m incr

(US$300m)

Dec 31 2021 8.5 101.13 - 8

Jun 4 2019 BOC Sydney A$50m incr

(A$550m)

Nov 15 2021 3mBBSW+103 100.434 3mBBSW+86.5 -

Jun 4 2019 Ping An Real Estate US$400m Jun 12 2022 4 99.164 - 4.3

Jun 4 2019 Guangdong Energy Group US$500m Jun 12 2024 3 99.169 T+128 3.181

Jun 4 2019 Xinhu Zhongbao US$110m Jun 12 2022 (Jun 2021) 11 100 - 11

Jun 4 2019 Keppel Infrastructure Trust S$200m Perpetual (Jun 2029) 4.75 100 SOR+273.7 4.75

Jun 5 2019 MMK US$500m Jun 13 2024 4.375 100 MS+249 / T+250.4 4.375

Jun 5 2019 Slovenská sporiteľňa

(covered)

€500m Jun 12 2026 0.125 99.334 MS+19 / B+71.5 0.221

Jun 6 2019 Gemdale US$250m Jun 14 2022 5.6 100 - 5.6

Jun 6 2019 Ronshine China Holdings US$235m incr

(US$435m)

Oct 25 2022 8.75 99.268 - 9

Jun 6 2019 Renaissance Credit (sub

LPN)

€50m Dec 12 2024 10 100 MS+1009.8 10

GLOBAL EMERGING MARKETS BOND DETAILS: WEEK ENDING 7/6/2019

Pricing date Issuer Amount Maturity Coupon (%) Reoffer Spread (bp) Yield (%)