Agile Property to Sell USD 5NC3 Bonds, IPT 9.375% Area
Issuer: Agile Property Holdings Ltd.
Guarantors: Certain non-PRC subsidiaries of the issuer
Security: Capital stock of certain subsidiary guarantors
Issuer ratings: Ba3/BB-/–
Expected issue ratings: B1/B+/–
Reg S
UOP: To refi debt
JGCs: HSBC, StanChart
JBRs/JLMs: HSBC, StanChart, BNP, ICBC Intl
Huawei to Sell $Bench 10Y Bonds, IPT +220bp Area
Issuer: Proven Honour Capital Ltd.
Guarantor: Huawei Investment & Holding Co., Ltd.
Unrated, Reg S
COC Put: Put at 101%, triggers including Union of Huawei Investment & Holding Co. ceases to control the guarantor
UOP: GCP
JLMs/JBRs: ANZ, BOC HK, DBS, ING, StanChart
Beijing State-Owned Assets Management Co. Plans USD Reg S Bonds
Investor meetings in Asia and conference calls with European funds from tomorrow.
Issuer: Beijing State-Owned Assets Management (Hong Kong) Co., wholly-owned subsidiary of keepwell provider
Keepwell and Liquidity Support Deed and Deed of Equity Interest Purchase Undertaking: Beijing State-Owned Assets Management Co.
Expected bond ratings: A3/A-/A
JGCs/JLMs/JBRs: Citi, UBS
