Ocean Laurel Co Ltd 2020-7

USD350.0005Oct-25Sr. Unsecured--BBB+FixedTsy-T+255 a2182.38%-99.46700
Tranche Comments
5 yr: Book size: 1500; Registration: Reg S Only; Comments: USD350m 5yr 2.375% fxd. snr unsec, bmk RegS. BBB+. CMBI/HSBC/JPM/StCh/CNCBI/CICC/CMSHK/WingLung/DBS/SPDB/SPDBI. T+255a. T+218bp Mixed. Distribution: Asia: 92%, Europe: 8% | FM: 47%, Banks: 42%, PB: 10%, Sov: 1%;
China Merchants Commerce Financial Leasing Co Ltd
Use of Proceeds
Overseas projects, repayment of borrowings, working capital, and general corporate purposes.