Haitong Bank acted as Joint Lead Manager and Joint Bookrunner on USD300m 7.000% public issue of 364-day senior unsecured, fixed rate notes due 2018 for Maoye International Holdings Limited.

The notes, which are guaranteed by the Company’s existing non-PRC subsidiaries will be listed in HKSE and the final orderbook garnered  strong investor demand of USD 2.2bn (7.3x oversubscribed).

This marks the Issuer’s second outing in the international debt capital markets following its inaugural  USD300m 7.75% 3 year Reg S notes in May 2014.

The Company is the leading department store operators in the affluent regions of China, operating over 40 stores across 18 cities and targeting the medium to high-end segment of the retail market.

Ownership: Listed in HKSE (848-HK); 82.7% owned by Huang Mao Ru, the founder, Chairman and CEO of the Company

Haitong Bank acted as a Joint Bookrunner on USD 250m 8.500% public issue of 3 year senior unsecured bonds due 2020 for Yihua Overseas Investment Ltd. which marks an inaugural off-shore public bond for the company. The notes, which are guaranteed by the parent company Yihua Enterprise (Group) Co., Ltd., will be listed in HKSE and the final orderbook garnered USD 500m in demand (2x oversubscribed).

The net proceeds from the issue of the Notes will be applied by the Issuer for refinancing of existing borrowings, replenishing its working capital and for general corporate purposes.

The Company is a leading home furnishing company in China with a focus on designing, manufacturing and selling proprietary-branded furniture, complemented by interior design and other home furnishing services.

Haitong Bank acted as  Joint Bookrunner for the issue of R$ 500mln debenture for Unidas S.A.

Haitong worked along with the issuer to structure a dual tranche deal – A BRL80mln 3 year tranche, with a coupon of CDI+1.20%, and a BRL420mln 5 year tranche, with a coupon of CDI+1.60%.

Haitong Bank acted as a Placing Agent on EUR50m 4.680% private placement of 360-day guaranteed Notes due 2018 (with a put/call option on 29 June 2018) for Nanjing Jiangbei New Town International Investment Development Corporation Limited. The Notes will be unrated and unlisted.
The Company is one of the major state-owned enterprises in Pukou District, primarily engaged in the property development, investment, construction, operation and management in Jiangbei New City area and surrounding Cross-Strait Science and Technology Industrial Parks. Four major business segments include infrastructure construction, land development, residential & commercial property sales and affordable housing sales.
Ownership: SASAC of Nanjing Pukou District (100%).

Haitong Bank acted as a Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager on Qinghai Provincial Investment Group Company Limited’s USD300m 6.300% fixed rate sr. unsecured Reg S Notes due September 2018. On the heels of solid global investor demand and with over USD2.35bn in the orderbook the deal was launched and priced as USD300m at 6.300%. This marks the Issuer’s third outing in the international debt capital markets since its inaugural USD300m 7.25% 3 year Reg S notes in February 2017 followed by another USD300m 6.400% 4 year Reg S notes in July 2017.

The net proceeds from the offering will be used by the Issuer for refinancing of existing debt and for general corporate purposes. The unrated Notes are to be listed on the Hong Kong Stock Exchange. The Issuer has a BB- (stable) rating from S&P and BB (stable) from Dagong.
The Issuer is the largest state-owned enterprise (SOE) in Qinghai province by total assets and the second largest SOE by total revenues. Among its key business segments are aluminium production, electricity generation and the mining and selling of coal.

Ownership: Qinghai People’s Government (86.45%) and Xining People’s Government (13.55%).

On 30 August 2017, Haitong Bank S.A. acted as a dealer on USD90m 3.200% August 2018 MTN drawdown for Unican Limited under its USD1bn MTN Programme guaranteed by Haitong UT Capital Group Company Limited and keepwell provided by Haitong Securities Co., Limited. This Programme is listed on the Hong Kong Stock Exchange. Haitong Bank S.A. is also one of the arrangers and dealers on the Programme.

The Guarantor was incorporated in Hong Kong with limited liability on 27 November 2014 and is a wholly-owned subsidiary of Haitong Securities. As an investment holding company, the Guarantor operates its businesses primarily through HT UniTrust, its core subsidiary, which is a large and fast-growing financial leasing company in China. The Guarantor directly holds 65.1% equity interest in HT UniTrust while Haitong Securities indirectly holds 100% equity interest in HT UniTrust.

On 25 August 2017, Haitong Bank S.A. acted as a Dealer on USD30m 3.200% August 2018 MTN drawdown for Unican Limited under its USD1bn MTN Programme guaranteed by Haitong UT Capital Group Company Limited and keepwell provided by Haitong Securities Co., Limited. This Programme is listed on the Hong Kong Stock Exchange. Haitong Bank S.A. is also one of the arrangers and dealers on the Programme.

The Guarantor was incorporated in Hong Kong with limited liability on 27 November 2014 and is a wholly-owned subsidiary of Haitong Securities. As an investment holding company, the Guarantor operates its businesses primarily through HT UniTrust, its core subsidiary, which is a large and fast-growing financial leasing company in China. The Guarantor directly holds 65.1% equity interest in HT UniTrust while Haitong Securities indirectly holds 100% equity interest in HT UniTrust.

On 10 August 2017, Haitong Bank acted as a Joint Bookrunner and Joint Lead Manager on a USD500m 4.850% 3 year MTN drawdown for Greenland Global Investment Limited under its USD3bn MTN Programme guaranteed by Greenland Holding Group Company Limited.

Initial price guidance was released at 5.300% area for a 3 year USD-benchmark size deal and following significant investor interest was revised down to 4.900%-5.000%.

Final issue size was set at USD500m and the deal ultimately launched and priced at the tight end of revised yield guidance of 4.900% (4.850% coupon). Final orderbook garnered USD1.25bn in demand.

The net proceeds from the issue of the Notes will be applied by the Issuer for refinancing of existing offshore indebtedness.

The Notes are to be listed on the Hong Kong Stock Exchange.

On 10 August 2017, Haitong Securities (UK) Limited successfully advised Tandem Money Ltd. on the acquisition of Harrods Bank Limited for an undisclosed consideration. The transaction is pending regulatory approval to complete the transaction.

Harrods Bank is the banking arm of luxury department store Harrods, owned by the Qatar Investment Authority (QIA). Tandem is a UK-based digital challenger bank with a customer-centric proposition focussed on deep customer engagement, active money management advice and an attractive consumer lending product offering.

The acquisition gives Tandem instant access to a range of financial products, a banking license and revenue along with a near-£400m loan book, over £430m of deposits.

As part of the transaction, QIA will become a shareholder of Tandem and will support the company in future fundraising activities.

€38mn credit facility agreement intended to provide the Gangtai Group with part of the funds required to acquire a 85% participation in the Italian jewelry maker Buccellati.