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Yingde Gas Group, 500 Million US Dollars In Debt Traded On The Singapore Stock Exchange Jan 20, 2018

Yingde Gas Group Co., Ltd. issued USD500 million of 5-year bonds at a rate of 6.25% on January 12, 2018 to replace 391 million U.S. dollars of bonds issued by Yingde in 2013 and the shareholder PIONEER GROUP (PAG) Asia Capital) cross-bridge loan to Yingde. This is the lowest interest rate in the history of Ying Tak, a US dollar debt, lower than the interest rate in 2013 by 1.9%. The timing of bond issuance, the company's new strategy and strong 2017 results are key to the success of this bond issue. The issue of the dollar debt has been listed on the Singapore stock exchange on January 12.

 

Debt bond team celebrates bond issuance

The Yingde team's roadshows in Hong Kong, Singapore, London and New York reached out to hundreds of investment institutions based on the new strategy and management team of Yingde's current new shareholder, PAG Asia Capital, As well as highly recognized and actively subscribed for 2017 results. A total of more than 150 investment institutions subscribed for a total amount of more than 2 billion U.S. dollars.

Yingde Gas Group Co., Ltd. issued USD500 million of 5-year bonds at a rate of 6.25% on January 12, 2018 to replace 391 million U.S. dollars of bonds issued by Yingde in 2013 and the shareholder PIONEER GROUP (PAG) Asia Capital) cross-bridge loan to Yingde. This is the lowest interest rate in the history of Ying Tak, a US dollar debt, lower than the interest rate in 2013 by 1.9%. The timing of bond issuance, the company's new strategy and strong 2017 results are key to the success of this bond issue. The issue of the dollar debt has been listed on the Singapore stock exchange on January 12.http://www.wxytgas.com/