Company News - 14 July 2015

AMTD Group successfully completes China Minsheng Investment Corp., Ltd’s debut US$300mm senior bond offering

On July 13, 2015, China Minsheng Investment Corp., (“CMI”) successfully completed its debut US$300mm 5yr international bond offering (the “Transaction”), AMTD acted as a Joint Bookrunner on the transaction. On the back of an orderbook that was more than 5 times oversubscribed, the Transaction was priced at T+170bps (vs. initial price guidance of T+190bps area) and with a coupon of 3.250%. By investor type, banks bought 80% of the bonds, fund managers/insurers 16% and others 4%.

China Minsheng Investment Corp., Ltd is a global private investment group with registered capital of RMB50bn. CMI’s management strategies focus on fully licensed financial services and industry consolidation, leading the investment by Chinese private capital and promoting economic restructuring and upgrade.

Initiated by the All-China Federation of Industry and Commerce (ACFIC) and launched by 59 prestigious private enterprises, CMI was incorporated in Shanghai in May 2014. CMI’s businesses encompass equity investment and management, commercial, financial and investment consultation, industrial investment and asset management. International expansion has long been CMI’s important development direction. Currently, CMI has an established presence in Hong Kong, Singapore, and London. The formation of the Global Advisory Council in January 2015 further demonstrates CMI’s commitment to this goal. Going forward, CMI will continue to expand its global influence.