SINGAPORE, June 15, 2017 \/PRNewswire\/ -- On Jun 7th, 2017, Tunghsu Group successfully completed its US$350million offshore USD bond offering. Goldman Sachs acted as sole global coordinator and sole bookrunner in the transaction. Through site visit in Wuhu, Anhui, and roadshows in Hong Kong, Singapore and London, the Company had comprehensive communications with 100 investors via various forms including site visits, face-to-face meetings and luncheons, and demonstrated to global investors outstanding corporate image and rare investment value as a Chinese private-owned enterprise. Despite the fact that international financial market was impacted by political events including the terrorist attack in UK and the UK general election during the roadshows, with the assistance from Goldman Sachs, Tunghsu Group still seized the favorable issuance window and was well-recognized by 87 high-quality and well-diversified investors from 8 regions, including global blue-chip funds, sovereign wealth funds, large Asian bond funds and Chinese institutions etc. <\/p>\n
The offshore USD bond issuance by Tunghsu Group has created multiple \"highlights\" in the market, including largest debut USD bond issuance from a group holding company in Asia Pacific high yield space, lowest coupon achieved by a debut offering by a group holding company in Asia Pacific high yield space, and first privately-owned company in the optoelectronic and high-end equipment sectors to ever issue a USD bond in Asia Pacific credit capital markets. <\/p>\n
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Tunghsu Group Successfully Consummated its Inaugural Offshore USD Bond Offering - PR Newswire (press release)<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" SINGAPORE, June 15, 2017 \/PRNewswire\/ -- On Jun 7th, 2017, Tunghsu Group successfully completed its US$350million offshore USD bond offering. Goldman Sachs acted as sole global coordinator and sole bookrunner in the transaction Continue reading