Share News Channel

Chengdu Airport Chengfa Group issued RMB 700 million senior unsecured free trade zone offshore bonds

2022-11-28 15:088610

Chengdu Airport City Development Group Co., Ltd. (hereinafter referred to as "Chengdu Airport City Development Group", Fitch: BB+Front, China Chengxin Asia Pacific: BBBg Front) issued Reg S, 3-year, RMB denominated senior unsecured free trade zone offshore bonds. (PRICED)


The terms are as follows:


Issuer: Chengdu Airport City Development Group Co., Ltd


Issuer rating: Fitch: BB+positive, CITIC Asia Pacific: BBBg positive


Expected issuance rating: BBBg (China Integrity Asia Pacific)


Type: fixed rate, senior unsecured, China (Shanghai) Pilot Free Trade Zone bonds


Issuance rules: Reg S


Issuing scale: RMB 700 million


Term: 3 years


Initial guidance price: 4.50% area


Coupon rate: 4.50%


Yield: 4.50%


Issue price: 100


Delivery date: November 30, 2022


Expiry date: November 30, 2025


Change of control and resale: 101%


Fund purpose: used for project development and supplementary working capital


Other terms: listed on the Macao Stock Exchange; The minimum denomination/increment is 1 million yuan/10000 yuan; English law


Co global coordinators: Essence International, Hongsheng Securities, Macao International Bank


Joint lead agent and joint book manager: Huaxia Bank Hong Kong Branch, Shanghai Banking International, Huisheng Securities, Haitong International, Zhongtai International, Hua'an Securities (Hong Kong), CITIC CLSA, CICC, Dingxin (Securities), Jinlian Securities, Shanghai Securities Hong Kong, Zheshang International Financial Holding


Clearing system: China Government Securities Depository and Clearing Co., Ltd


Favorite 0
Comment 0
Yu Benlin, director of the International Department, attended the launching ceremony of the "Re
From April 17th to 18th, the launching ceremony of the Regional Comprehensive Economic Partnership Agreement (RCEP) chain stabilization series special training ceremony and petrochemical industry spec

02023-07-208

The person in charge of the International Department of the Ministry of Commerce answered the report
As agreed by China and Nigeria, the Arrangement between the Government of the People's Republic of China and the Government of the Republic of Nicaragua on Free Trade Agreement Early Harvest (here

02023-07-2011

The Third Round of China-Nicaragua Free Trade Agreement Negotiations Held in Beijing
 From April 26 to 28, the third round of negotiations on the China-Nicaragua Free Trade Agreement was held in Beijing. Wang Shouwen, International Trade Negotiator and Vice Minister of the Ministry o

02023-07-2012

China and Ecuador sign free trade agreement
On May 11, Minister of Commerce Wang Wentao and Minister of Production, Foreign Trade, Investment and Fisheries of Ecuador Prado formally signed the Free Trade Agreement between the Government of the

02023-07-2010

Interpretation of the China-Ecuador Free Trade Agreement by the head of the International Department
 On May 11, 2023, Chinese Minister of Commerce Wang Wentao and Ecuadorian Minister of Production, Foreign Trade, Investment and Fisheries Prado formally signed the Free Trade Agreement between the Go

02023-07-2011

The Regional Comprehensive Economic Partnership (RCEP) comes into full force for 15 signatories
On June 2, 2023, the Regional Comprehensive Economic Partnership Agreement (RCEP) officially entered into force for the Philippines, marking the full entry into force of RCEP for the 10 ASEAN countrie

02023-07-2011

The head of the Department of International Affairs answered a reporter's question on the full
On June 2, the Regional Comprehensive Economic Partnership Agreement (RCEP) officially entered into force for the Philippines, marking the full entry into force of RCEP for the 15 signatories. In resp

02023-07-208

The Fifth Round of Negotiations on Upgrading the China-Peru Free Trade Agreement Held in Beijing
From May 30 to June 2, 2023, the fifth round of negotiations on upgrading the China-Peru Free Trade Agreement will be held in Beijing. On the basis of the consensus reached in the early stage, the two

02023-07-2010

The First Round of China-Serbia Free Trade Agreement Negotiations Held in Serbia
From June 6 to 8, the first round of negotiations on the China-Serbia Free Trade Agreement was held in Belgrade, the capital of Serbia. The two sides conducted in-depth consultations on trade in goods

02023-07-207

The first meeting of the China-Cambodia Free Trade Agreement Joint Committee was successfully held i
 On June 15, the first meeting of the China-Cambodia Free Trade Agreement Joint Committee was held in Beijing. Director of the International Department of the Ministry of Commerce Yu Benlin attended

02023-07-209