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COAMC Successfully Issued another Batch of Bonds worth USD 500 Million Under the Offshore Medium Term Notes Program

Since China Orient Asset Management Corporation (“COAMC”) successfully set up the USD 2 Billion Offshore Medium Term Notes Program and determined the issue price for USD 1 billion worth of bonds on August 26 2014, it achieved the issue of another batch of bonds worth USD 500 Million under the program on December 11 2014.

 

COAMC is the first of the four asset management companies in China to have set up medium term notes programs. This program will bring COAMC more resilience in the course of offshore financing in debt capital market. International credit rating companies Moody’s and Fitch gave an “A3” and an “A-” ratings to COAMC respectively.

 

Charming Light Investments Ltd.-a wholly owned subsidiary of China Orient Asset Management Corporation (International) Holding Ltd., is the issuer of the bonds under the Medium Term Notes Program. BOC International is the global coordinator of the issue. BOC International, Bank of Communications (Hong Kong Branch), Morgan Stanley, Standard Chartered, UBS, and Wing Lung Bank are the joint book runners.

 

Not to be disclosed or distributed in the United States or to United States persons for the interests thereof.

 

This press release is for information purposes only and does not constitute an invitation or a solicitation of an offer to acquire, purchase or subscribe for securities or an invitation to enter into an agreement to do any such things, nor is it calculated to invite any offer to acquire, purchase or subscribe for any securities. Neither this press release nor any copy hereof may be taken into or distributed in the United States. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, nor the Securities Law in any state or jurisdiction of the United States, and may not be offered or sold within the United States or to United States persons in the interests thereof, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of the United States or any state thereof. No public offer of the securities referred to herein will be made in the United States or in any other jurisdiction where such an offering is restricted or prohibited.