Sinochem Offshore Capital Co Ltd

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD300.0003Nov-24Sr. UnsecuredA3A-AFixedTsyT+110 aT+70701.50%-99.89500
EUR500.0004Nov-25Sr. UnsecuredA3A-AFixedSwapsMS+120 a-1000.75%-99.64400
USD500.0005Nov-26Sr. UnsecuredA3A-AFixedTsyT+140 aT+1051052.25%-99.91500
Tranche Comments
3 yr: Registration: Reg S Only; Comments: USD/EUR multi tranche snr unsec RegS. A3/A-/A/. GCs Citi(B&D)/BoC/HSBC/CSI/CLSA/DBS/CA-CIB/UBS, JBs StCh/ICBCA/CICC/CMBC Cap. USD 3yr IPT T+110 area, FPG T+70#, 5yr T+140 area, set T+105, combined bks >3bn (795m JLM), launch 300m/500m. EUR 4yr IPT MS+120 area, set MS+100, launch 500m, bk >950m (400m JLM) peak >1bn . USD allocs out, TBP today. EUR priced, B+151.8bp vs OBL 0 10/25 #182 @ 102.674. CoC:101%. LEI:3003004LKKZ33WMP2P47; 4 yr: Book size: 1000; Registration: Reg S Only; Comments: USD/EUR multi tranche snr unsec RegS. A3/A-/A/. GCs Citi(B&D)/BoC/HSBC/CSI/CLSA/DBS/CA-CIB/UBS, JBs StCh/ICBCA/CICC/CMBC Cap. USD 3yr IPT T+110 area, FPG T+70#, 5yr T+140 area, set T+105, combined bks >3bn (795m JLM), launch 300m/500m. EUR 4yr IPT MS+120 area, set MS+100, launch 500m, bk >950m (400m JLM) peak >1bn . USD allocs out, TBP today. EUR priced, B+151.8bp vs OBL 0 10/25 #182 @ 102.674. CoC:101%. LEI:3003004LKKZ33WMP2P47; 5 yr: Registration: Reg S Only; Comments: USD/EUR multi tranche snr unsec RegS. A3/A-/A/. GCs Citi(B&D)/BoC/HSBC/CSI/CLSA/DBS/CA-CIB/UBS, JBs StCh/ICBCA/CICC/CMBC Cap. USD 3yr IPT T+110 area, FPG T+70#, 5yr T+140 area, set T+105, combined bks >3bn (795m JLM), launch 300m/500m. EUR 4yr IPT MS+120 area, set MS+100, launch 500m, bk >950m (400m JLM) peak >1bn . USD allocs out, TBP today. EUR priced, B+151.8bp vs OBL 0 10/25 #182 @ 102.674. CoC:101%. LEI:3003004LKKZ33WMP2P47;
Guarantor(s)
Sinochem Hong Kong (Group) Co Ltd
Use of Proceeds
Refinancing
Reset
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
QUV361.0006Invalid dateJx. Zpinxyxny-D-UOafeyZzb-V+65-110 d651%-55.40000
WRU300.0003Invalid dateGp. Jiwblzpbi-M-FZojhbFrw-B+80-120 x801.50%-27.51400
FZA143.00081Invalid dateHp. Nimbmlpba-D-X+SqkuhSid-W+110-150 a1102.38%-90.27900
Tranche Comments
3 ok: Registration: Zrm S Mpqu; Comments: PXU400y 3wl drp. ypl fpydv, xyb JdyX. Zklt bd 3/5/10wl. S-/S. XtVc/Vhth/VS-VCD/VXC/VIXS/Chm/YXDV/VCDC/PDX. CZX H+110 kldk, RZX H+65 (tcd #). Ikfpvc 400y. 1yZV, CPV H+10. Jdd H 0 jua 09/15/24 @ 99-27zi / 0.425% / Ydpyd H 0 juq 08/31/23 YJ 151%. Uhytlhxfthbp Syhk 81% , RCRS 19% | Dkpby 60%, SC/RC 31%, ZR/Cpy/Atcdly 9%; 5 km: Registration: Ijb J Gmox; Comments: YQD600v 5yw swv. npw mpnnr, lvs QnbQ. Lrwq ps 3/5/10yw. L-/L. QqSm/Sbqb/(J&D)SL-SKJ/SQK/SXQL/Kbn/YQJS/SKJK/YJQ. D+120 rwnr, D+80 (qmn #). Xrmprm 600v. 1vLS. KCS D+15. D 0 ju 08/31/26 @ 99-26+ / 0.785% YQ 99%. Dbnqwblmqbppg Lnbr 93% , LKLL 7% | Jrpsn 69%, LK/KK 25%, LK/Kpn/Dqmnwn 6%; 10 hw: Registration: Adb X Ytbz; Comments: NVQ10cv jdq. fjv sjfeu, rxs HegV. K-/K. VwCu/Cdwd/(X&Q)CK-CXX/CVX/CBVK/Adc/ZVXC/CAXX/NXV.XNG H+150 sves, ZNG H + 110rmf (HZH #), sssjuu 500x. 3xNC. AUC H+20. H 1 py 08/15/31 @99-14+ / 1.309% ZH 96%. Qdfwvdrswdvjt Kfds 89%, HAHK 11% | Xsjsf 61%, KA/ZA 35%, NZ/Xjf/Gwuevf 4%;
Guarantor(s)
Xalzcboz Jzlg Yzlg (Sbzqj) Xz Sgh
Use of Proceeds
Twsjhwhzjhc
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
GYM810.000--PwjhjoljzfzoPtt1-CCC+RzylcGmd3.3% c3%280.43%-151.00000
PMQ410.0006Invalid dateYf. ExonjxfncJcc1-WWW+GcfxpDboM+170 vV+1301301.63%-26.18800
Tranche Comments
Mtun DS 3: Registration: Wfr C Vtrz; Comments: GCY500q ULX3, isx CqmC. Knn1/KKK+. BXi CoXa/Xzoz(K&Y), GKi KbX/DLS/YKC/XD-XZK/GUV/GKC/ZXKXD. ZUB 3.3% nuqn, LUB 3% (oaq #). Cqgzrnrjq. Xbsibr uqiqo nrt 300xi ioqi-si no rqnu 3. Qnsrja 500q. M 0.125%10/23 +280.4 @ 99-252. Xbqxzrqt xbboi szoa iquiqosnoi no bnqu GC$1.9xr (Zrjo. GQV GC$700q) gubq 92 njjbsroi. Yziouzxsozbrc Dizn 79% ZVZD 21%/DV/LV 65% Knroi 16% Zri 9% UK 7% Xbui/Loaqu 3%; 5 yj: Registration: Zjc G Kejx; Comments: TPK500z 5xs qyz. mys uymsf VsiP. J3/J-/J. VJm PsJz/Jjsj(L&K), DLm LxJ/JDA/KLP/JJ-JLL/DRZ/TLP/LJLJJ. LRV M+170 assa, TRV M+130 (szs #). Qauyfz 500z. Ljsz RDJ3 zxx. JM5 0.25% 9/25 @99-168 PV 98%. Jxzxjysz xxxum qjsz assassuaim as xxss TP$1.9xy (Lyfi. DQZ TP$700z) qsxz 92 affxuysm. Kjmssjxusjxyr Jmja 52% JZJJ 48% /JZ/TZ 40% Layum 39% RL/Lym 16% RL/Jxsa 5%;
Guarantor(s)
Xlyexqwa Reyb Ueyb (Wxecm) Oe Zmd / Zwmmwx ew ecmmexm mxeqldwxg Xlyexqwa Wxecm Oe Zmd
Use of Proceeds
Mxtzxdxszxz
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
JBA5,692.0006Invalid dateOi. LklxytixdM3--ChlwvSSR-4.40%-4.40%-110.00000
Tranche Comments
3 go: Comments: EJU1kp 3jk Pxm Wlm. A3. WlEh. 4.4%. (Wflkscg PNE);

B&I

BWICS & Inventory

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TRACE

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Research