background

• Anglo Chinese Group was the sole arranger and sole placing agent of China Zenith Chemical Group Limited (stock code: 362) (“China Zenith”) of its HKD400 million bond placement

our roles

• Communication with regulators and investors when designing the bond structure
• Bond documentation
• Sole Arranger, Placing Agent and Bookrunner

 

key matters

• China Zenith had failed to place a traditional bond through another placing agent immediately before our engagement
• Positive market reaction from alternative bond investors
• Anglo Chinese opens new bond investor base for China Zenith
• Anglo Chinese lengthens China Zenith’s debt maturity profile
• Anglo Chinese provides stable take and hold investors for at least 7 years
• Longer tenors with no debt service until redemption/maturity
• No credit ratings required