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The overseas wholly-owned subsidiary of CHINA MER PORT successfully issued U.S. $200m of perpetual securities

Category: Our News 2020.10.22 12:12:58

On 22 October 2020, CMHI Finance (BVI) Co., Ltd, an overseas wholly-owned subsidiary of China Merchants Port Holdings Company Limited (Stock Code: 00144.HK, “CHINA MER PORT”), as the issuer, issued a total of U.S. $200,000,000 of perpetual securities (“NEW SECURITIES”) overseas, which were listed and traded on The Stock Exchange of Hong Kong Limited. The rate of the NEW SECURITIES are 3.50 per cent. and the NEW SECURITIES will be consolidated and form a single series with the U.S.$400,000,000 3.50 per cent. guaranteed subordinated perpetual securities issued on 9 October 2020, which are unconditionally and irrevocably guaranteed by CHINA MER PORT.

As the PRC legal adviser of the Joint Lead Managers, LI & PARTNERS (SHENZHEN) has provided relevant PRC legal services in this project.