ABC International (“ABCI”) is honored to have acted as Joint Lead Manager and Joint Bookrunner for the debut USD Fixed Income Offering of Meiya Power Company Limited, the wholly-owned subsidiary of China General Nuclear Power Limited (“CGNP”)(Moody’s/Fitch: A3/ A+).The 5-year US$350M note was issued with a coupon of 4.0%, at the lower end of the price guidance amid the cautious sentiment in the bond market.
Subsequent to the substantial lead investor orders brought by ABCI in the previous CGNP’s CNH Bond Offerings in 2012 and 2013 respectively, ABCI introduced a decent amount of sole orders to this transaction.