ABC International ("ABCI") is honored to act as Joint Lead Manager and Joint Bookrunner for China Cinda Asset Management Corporation 4.00% RMB 2 billion 3-year CNH bond offering on December 12, 2012. The transaction was priced at 4%, the very tight end of final price guidance 4.00%-4.10%.

This offering was largely favored by high quality investors including fund managers, private banks as well as commercial banks. The final order book of the offering was in excess of RMB 4.5 billion with over 40 investors’ participation. Asia took 99% and Europe 1%. Fund managers bought 40%, banks 40% and private banks 20%.

China Cinda is the first and only mainland asset management corporation to have completed a transaction in the CNH Market so far.