光银国际助力福建漳龙成功定价美元债券

2021-01-12光银国际






近日,光银国际作为联席簿记管理人,成功助力福建漳龙于香港定价2年11月、美元计价的高级无抵押债券,合计金额4亿美元,票息3.45%。本次债券发行结构为直接发行,发行人为福建漳龙集团有限公司(简称“福建漳龙”或“公司”)。发行人主体评级为惠誉BBB-,展望为稳定。债券将于香港联交所和澳门交易所上市。

福建漳龙集团有限公司是成立于2001年7月11日的国有独资企业,在漳州市国资委的授权下开展国有资产运营和管理。公司的业务领域多元,主营业务包括贸易,水务和工程施工。公司也经营其他类型业务,如片区、园区开发建设等。



此次债券发行交易路演期间,市场反响热烈,簿记建档日订单动能充足,当日订单累计金额超过14亿美元,超额覆盖3.5倍,成功将债券收益率由初始价格指引的3.70%区间大幅收窄25个基点至最终定价的3.45%。在光大银行厦门分行的大力支持下,光银国际助力福建漳龙成功发行此次美元债券,为福建漳龙在国际资本市场上获得了更多的投资人认可。以此为契机,光银国际将加大与光大银行厦门分行的合作力度,加强业务的联动及协同,未来争取在多层次的业务上实现多元化的合作。

Recently, Fujian Zhanglong Group Co., Ltd. (“Fujian Zhanglong” or the “Group”) successfully priced US$400million 2-year 11-month 3.45% senior fixed rate notes (the “Notes”). CEBI acted as Joint Bookrunner and Joint Lead Manager on this transaction. The Group is rated BBB- with stable outlook by Fitch. The Notes are directly issued by Fujian Zhanglong and will be listed on The Stock Exchange of Hong Kong Limited and Chongwa (Macao) Financial Asset Exchange Co., Ltd.

Established in July 2001, the Group is a state-owned company directly and wholly-owned by the Zhangzhou SASAC. The Group is tasked with providing some of the main public utility services and facilitates the economic and industrial development of Zhangzhou. The Group operates in various industries, primarily including trading, water supply and sewage treatment and construction. The Group is also engaged in other businesses such as industrial park development.

The transaction was announced with an initial price guidance of 3.70% area and received overwhelming demand from institutional investors with a strong order book of over US$1.4 billion, representing 3.5x oversubscription. This allowed the Company to tighten price guidance by 25bps and the Notes was finally priced at 3.45%. With unreserved support of the Xiamen branch of China Everbright Bank. CEBI helped the Company to complete this transaction successfully and gained more investor recognition in the international capital market. This will strengthen the business partnership between CEB Xiamen Branch and CEBI and will enhance our future cooperation in striving for various business expansion.

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