(Hong Kong, 9 July 2015) China Overseas Land and Investment Ltd. (“COLI” or the “Company”, stock code: 00688.HK) today announced that the institutional subscription for the €600 million bonds was successfully issued, with 4-year terms of maturity, at an interest rate of 1.75%. This bond offering was well received by the market with total subscription of €930 million. Agricultural Bank of China, BNP PARIBAS, DBS Bank Ltd., HSBC, ICBC are the Joint-global Coordinator for such bond issue, together with China Construction Bank (Asia), Deutsche Bank, J.P. Morgan and UBS acting as the Joint Bookrunners and Joint Lead Managers.
The successful issuance of the bonds is the first Euro deal from a Chinese real estate enterprise. This not only reflects investors’ confidence in the Company, but also demonstrating the Company’s financing capability and the market recognition.
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