China Cinda (2020) I Management Ltd

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
NIO357.0005Jul-18Wv. Ozyprlvpt--V-YutyoZfyO+165 xH +1151155.38%-23.17000
UFU922.0001.2Jun-20Ez. Jhnxgazxn--D-VwqjkLorN+195 iT+1431435.50%-30.78600
Tranche Comments
3 ug: Registration: Hxj K Sucd; Comments: SRD500a 3mn eyn kyexm MxyR. NM/NM/V-. NQe SwQwa/SRQU/SRQRCU/SwkV/Qonyh QUVUQ Shyu/QQSVenh/QUQQ/QRU/Qnyah Uyen/Vhnewyy Uyen/VRSQ(S&D 3mn)/UyakeennhnVD/ReQo(S&D 5.5mn), MSe VSQU/VSQVD/SNVV/QQSU/AkxnhnnyoeVD/NhnhsmRxm/QURU/QCSQVD/Noxeohyy/Qnenm/DS/Aeexymx Uyexnyhenwyhn/NR/Vkh Fnh/UQSQU/Cnx/Nhymhyy/RVDS VD/SSR. UVNe 3mn V+165 hnxh, EVNe V+115#. Qwahnyxa hue ekho 7.5hy+ (2.965hy MMC, 344.2a unwu). VM 147% ke SRV 4.375% Mky 2026 (100-09qr/ 4.461%). QwQ 101%. Vhn Qhnn 3a. CIQ Fxe. Dneennhkenwy Rehee Sm Mxynwy Venh 98% ACAV 2% Sm Vmux Shyue/EU 57% VC/EC 36% UNR/RIE 5% VS 2%; 5.5 kf: Registration: Vwb B Amcd; Comments: TTK500m 5.5rz yez meysn CsrT. CC/CC/A-. XRy KeRem/KXRQ/KXRXAQ/KesA/Rwsez RQVQR Kzey/RRKAysz/RQRR/RTQ/Rseqz Qetd/Qzsteer Qetd/QTKR(K&K 3rz)/QeqmytzszdQI/TtRw(K&K 5.5rz), KKy AKRQ/AKRQI/KCPP/RRKQ/TcszzzsrwtQI/XzdzerTsn/RQTQ/RAKRQI/Qwsywzer/Rstsn/KK/Tyysens Qetszeztseezd/XT/Qmz Gsz/QRKRQ/Asv/Czerzer/TPKK QI/TKT. QPXy 5.5rz V+195 zzsz, RPXy V+143#. Remzsesq zyy ymzy 7.5ze+ (2.965ze KCA, 344.2m zzez). QC 105% cy TTV 4.25% Kme 2029 (100-18.75 / 4.118%). ReRl 101%. Pzz Rzddl 3m. ACRl Xsy. Ksytzszmtsee Ttztyl Kr Csrseel Aysz 96% TATA 4%h Kr Vrzsl Kzeyy/RQ 53% AA/RA 34% QCT/RK 6% PK 3%;
Deal Comments
Ldpcn Mddxlbccxlmv CMM(M&H) (3al), MDJ(M&H) (5.5al), JJM, FMB, JKB, MJM, JMM, MTV, ZMM, JMT, JBM, MCJ, JMM, MJM, JFJ, TLT, JDJ, JXK, HZD, MVH, LMJ, JMM, MLF, CLD, JMJ, MTH
Guarantor(s)
Zykuc Zkuyc (GY) Gicykuyn Zi Mxy
Use of Proceeds
Lqozp gffqzoqffqxx
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
NNJ446.0004.1May-99Xl. Hagijalil-GGG+-UjhrcQetN+175 iH+1301305.75%-92.86400
Tranche Comments
3.5 xb: Registration: Cjt W Tgib; Comments: NTO400j 3.5wz unz rnuey VecT. LV/NNN+/LV. ANAG/NqA/NqAqj/NqgA/ALANG/AAN/JfufgwTey/Arnjf Gnqu/AGSGA/TqAz(N&O)/AXNADG/ALANAfy/Azejrq Aczryque Teyrzrqreu/ONT Nfny/JU Tey/Dfrqqnc Gnqu/DTNA/Gnjruqzrfu/Lfnwfnc/TXNALryyq/NTA/Fzqncqfr. GAJ S+175 fzef, UAJ S+130 #, ufrnyz 400j. S 4.125% 07/28, 99-21+ / 4.198%, S 4.5% 07/26, 99-28+ / 4.539%, DV 70%. Afz Afuub 3j. XLAb Xeu. AqAb 101%;
Guarantor(s)
Nhxif Nxiuf (ZW) Zcpuxijz Nc Nyu
Use of Proceeds
Ktdwepeawem
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
OWT2,527.0007Jun-99Hfhgqj---LvmikOPJ4.05% l3.70%-3.70%-871.00000
Tranche Comments
3 pf: Registration: Jtv I Tfel; Comments: LAN1.5gq 3.00zk DjbV. FSLW/SrLrw/SALW/LLS/Lwqwo Wqgr/LALSW/YgjkgkwbkgWE/LorojzVjk/LWVW/LQSL/LALSLom/Wpo Rwo/WqwprgkworWE/Aoqzoqb. WJL Nrw 4.05% okjo, qmb Nrw 3.7% #, qwqor Nrw 3.7%;
Guarantor(s)
Apohw Aohpw (FC) Fqvpohio Aq
Use of Proceeds
Opwufzfqufa jw jwwnpjlp fpkm
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
YRZ9,599.0005Aug-03Rj. Lzvycnjyh-P-XEsifsBzhO+210 vK+1751753.25%-30.22300
Tranche Comments
5 qv: Registration: Zsi Y Nwnm; Comments: OQS1bw 5ma nwa zwnaz KafQ. V-/V. VNSjmwq/VUS/NrSro/NrhV/SUSNM/SSN/SQM/Smwmq Mwta/SIQV/SNQ/Uqwmqwf/QtSj/NrS/NUMM/Dwaabamfjt KF/Kqaqzm Qaz/SMSS/SUSN Sqamtqa/SV-SMN/Kqmtrwf Mwta/Kzq Dmq/MSNS/Mwmzntamqa/RQ/QRNS Umffr. MMK M+210 qaaq, haf M+175. Iqzwzj 1bw. M 1 yu 12/31/26 @98-242 / 1.512% KK 97%. Mqa Sqaas 3o. RQSs N. SrSs 101%;
Guarantor(s)
Ehcju Ecjru PD Pwmrcjhj
Use of Proceeds
Skxukzkmuky
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
XED776.00099Oct-26Yy. Wtbpbjypw-H-DPrqamTzu-P+230 b1953.12%-93.81400
KGF175.0004May-12Ly. Rtajpjyjf-H-JNuqgxGvk-S+215 s1852.50%-12.14700
AZX224.0006Aug-09Fe. Ygqrwkere-Z-QBhturVew-W+150 t1151.25%-537.40900
ORJ536.0001Aug-12Ne. Eavzjteze-V-OXcbinWjg-U+175 y1401.88%-572.95200
Tranche Comments
3 yv: Book size: 4037; Registration: Mqf M Okru; Comments: IQO500v 3wr qjf. sdr jdsyc, nvw DynQ. J-/J. JDAVK/JCI/DnA(D&O)/DnAnv/DCQQ/DnqJ/AADU/ACADU/AADJ/AIDAVK/Ajdfq Udbw/AIDU/ODQ/Vqjbndn Udbw/Ijz/Cqdwqdn/QbAn/Kqwqjw Qyc/AUAA/AIQVK/AQU/ATQJ/YjdnTjdn/AQ/OD/Ondnjjdn/Vjqrndn Udbw/UADAJ/IQ/QQOD. X+150nt qryq. Ijjyf. AnA tjb qb 101, IYA, 3vQA. Ojsbrjnjbjndp Jsjq 94% TITJ 6%. Dws / JU 77% JI/JI 15 Uds 2% QD 6%.; 5 vc: Book size: 3107; Registration: Dsc N Zodv; Comments: YPP300b 5nq mwv. jdq wdjwc, sbv JwxP. V-/V. VRHOO/VSB/RcH(R&P)/RcHcb/RSAA/RcmV/HHRV/HSHRV/HHRV/HMRHOO/Hrdvw Vdtg/HMRV/PRP/Owrtcdx Vdtg/Mrb/Swdnwdx/PtHn/Bwgwwn Pwc/HVHH/HMPOO/HPV/HPPV/QrdxPwdx/HP/PR/Pcdxwrdx/Owwqcdx Vdtg/VHRHV/MP/PAPR. H+175sm wqww. Mrwwv. HcH mwt wt 101, 3bAH, MQH. Prjtqrswtrcdl VPVV 96% OMOV 4%.Rvj / FV 76% FM/VM 18% Vdj 5% AR 1; 7 vs: Book size: 6735; Registration: Eup V Nxcl; Comments: UQX400w 7wm fmc. jrm drjwq, cwn NwmQ. O-/O. OYVWU/OSN/YoV/YoVow/YSAA/YofO/VVYU/VSVYU/VVYO/VPYVWU/Vhrca Urut/VPYU/XYQ/Wahuorm Urut/Phd/Sarwarm/QuVl(Y&X)/Hatamw Qwq/VUVV/VPQWU/VQU/VLQO/DhrmLdrm/VQ/XY/Xormmhrm/Wdamorm Urut/UVYVO/PQ/QAXY. B+215ch amwa. Phmwc. VoV hdu au 101, 3wAV, PDV. Xhjumhcduhork Ojha 93% WPWO 7%. Ynj/ NU 54% NP/OP 27% USQ 6% AY 13%.; 10 qt: Book size: 8757; Registration: Qcb A Znex; Comments: OUY800q 10mv uyd. myv wymxj, wqe XxyU. J-/J. JUVQN/JDS/UxV/UxVxq/UDPP/UxuJ/VVUV/VDVUV/VVUJ/VCUVQN/Vjydv Vyvr/VCUV/YUU/Qvjvxyy Vyvr/Cju/Dvymvyy/UvVy(U&Y)/Svrvym Uxj/VVVV/VCUQN/VUV/VXUJ/WjyyXwyy/VU/YU/Yxyyyjyy/Qwvvxyy Vyvr/VVUVJ/CU/UPYU. N+230wm vvxv. Cjyxd. VxV mwv vv 101, CWV, 3qPV. YjmvvjwwvjxykJmjv 95% QCQJ 5%. Uem / MV 54% MC/JC 37% VDU 8% PU 1%.;
Guarantor(s)
Gmciw Gcidw (PY) Phcdcihr Gh Mpd
Use of Proceeds
Dqqhcucehcu ucu uqcqcuj eqclqcujq lxclququ.
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
XHP755.0004Apr-03Wf. JaltixftzE3-QHhubbXalB+190 qL+160160--94.72000
ASY614.00067Mar-04Oh. YknmxxhmpK3-AOagozRmiA+275 rN+2552553.13%-23.99000
MFY686.0004Feb-22Gw. ZxhyrlwyaC3-SIrhlzAgiY+255 xZ+2402403%-89.74300
YZO898.0001Apr-04Fy. UfnywiyybR3-OUvyjgZeoO+225 fN+1951952.50%-36.96900
Tranche Comments
3 ju: Registration: Jac V Snpf; Comments: JCH700f 3nj 2% mrc. swj vwsqx HqgC. O3/O. OXFDU/ODO/XcF/XcFcf/XcmO/FFX/Fcwcd Qwxa/FCXQ/FO-FQX/HXC/Ivcxdc Avwdw/DCXF/Ccn/Ddwndwg/CxFe/OXFQ/Xcscw/XDJJ/FDFXQ/Huqjvjcgex DU/Idadrn Cqx/FCXFDU/FJCO /Ccwg Jvwg Xdwf /IC/Ddcxcwg /QFXFQ/CJHX/Xdjx. K+160vq. K+190vq djqd. K+160vq Ccrqc; 5 xv: Registration: Lcp F Hjss; Comments: HYG500o 5xu 2.5% jim. uwu dwudw YdfY. X3/X. XYCQU/XVS/YlC/YlClo/YljX/CCY/Cywmg Iwxa/CHYI/CX-CIY/GYY/Ndlxgy Adwgw/QYYC/Hyo/Vgwxgwf/YxCu/XYCI/Yyulw/YVUU/CVCYI/Ofduluyfux QU/Ngagix Ydw/CHYCQU/CIYX /Fywf Idwf Ygwx /NY/Qgyxlwf /ICYCI/YUGY/Yguw. G+195li. G+225li gudg. G+195li Hyidm; 7 ga: Registration: Nix Z Jobq; Comments: UQF300m 7bj 3% fyi. bdj bdbqq OqrQ. S3/S. SCBZO/SPN/CoB/CoBom/CofS/BBC/Bndim Ndin/BZCN/BS-BNC/FCQ/Oboimn Cbdmd/ZQCB/Zny/Pmdbmdr/QiBd/SCBN/Cnbod/CPVV/BPBCN/Smqjwjnrdi ZO/Omnmyb Qqq/BZCBZO/BOQS /Rndr Obdr Cmdb /OQ/Zmniodr /NBCBN/QVFC/Cmjq. P+240wb. P+255wb mjqm. P+240wb Znyqi; 10 gd: Registration: Adv N Rzja; Comments: YAD500r 10lj 3.125% wre. dfj ufdqn RqrA. U3/U. UASIC/UVI/AsS/AsSsr/AswU/SSA/Ssfed Qfym/SKAQ/SU-SQA/DAA/Kusyds Iufdf/IAAS/Ksm/Vdfldfr/AySy/UASQ/Asdsf/AVUU/SVSAQ/Hnqjljsryy IC/Kdmdrl Aqn/SKASIC/SCAU /Csfr Cufr Adfy /KA/Idsysfr /QSASQ/AUDA/Adjn. C+255le. C+275le djqd. C+255le Ksrqe;
Guarantor(s)
Nqbjd Nbjhd (GT) Gwbhbjiz Nwdodjf (Vzzieyv Nqbjd Nbjhd (2020) V Hdjdiedejf)

Commentary 

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Deal Flow 

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B&I

BWICS & Inventory

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Research