NWDEVL 3.800% 21May2029 Corp (HKD)

Bond Factsheet

NWD (MTN) Limited

Indicative

Full Lot

Bid Price

80.163

Change in Bid Price

remove 0.002

Bid Yield (%)

12.811 %

Change in Bid Yield

0.028

Ask Price

80.336

Change in Ask Price

0.001

Ask Yield (%)

12.722 %

Change in Ask Yield

0.026

Indicative price as of 01 Oct 2026, 3:50pm

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Bond Information

NWD (MTN) Limited operates as an investment management company. The Company provides property development, infrastructure and services, retail, hotels, serviced apartments, and boasting operations. NWD (MTN) serves customers in Hong Kong and China.

Bond Issuer

NWD (MTN) Limited

Guarantor

New World Development Co Ltd

Announcement Date

10 May 2019

Issue Date

20 May 2019

Maturity Date

21 May 2029

Years to Maturity / Next Call

2.636 / -

Modified Duration

2.405 @ 01 Oct 2026

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

3.800

Coupon Type

Fixed

Annual Coupon Rate

3.800

Coupon Frequency

Quarterly

Seniority

Senior Unsecured

Reference Rate

ISIN

HK0000504263

CUSIP

ZS5878211

Bond Currency

HKD

Total Issue Size

450,000,000

Min. Investment Quantity (Nominal)

HKD 1,000,000

Incremental Quantity (Nominal)

HKD 500,000

Bond Type

High Yield Corporate

Bond Sector

Financials

Bond Sub Sector

Real Estate Management and Development

Issuer Credit Rating (S&P/ Fitch)

***/ N.R

Bond Credit Rating (S&P/ Fitch)

***/ N.R

Shariah Compliant

Exchange Listed

HKEX

Bond Feature(s)

Change Control Put

At any time following the occurrence of a Change of Control, the holder of each Note will have the right, at such holder's option, to require the Issuer to redeem all but not some only of that holder's Notes on the Change of Control Put Date at their Early Redemption Amount (Change of Control), together with accrued and unpaid interest (if any) up to, but excluding the Change of Control Put Date.

a "Change of Control" occurs when:

(i) any Person or Persons acting together acquires Control of the Guarantor if such Person or Persons does not or do not have, and would not be deemed to have, Control of the Guarantor on the Issue Date;

(ii) the Guarantor consolidates with or merges into or sells or transfers all or substantially all of its assets to any other Person, unless the consolidation, merger, sale or transfer will not result in the other Person or Persons acquiring Control over the Guarantor or the successor entity; or

(iii) one or more Persons acquires the beneficial ownership of all or substantially all of the Guarantor's issued share capital;

"Control" means the acquisition or control of more than 50% of the voting rights of the issued share capital of the Guarantor or the right to appoint and/or remove all or the majority of the members of the Guarantor's board of directors or other governing body, whether obtained directly or indirectly, and whether obtained by ownership of share capital, the possession of voting rights, contract or otherwise and the terms "Controlling" and "Controlled" shall have meanings correlative to the foregoing;

Bondsupermart strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.

Coupon Dates	Coupon Receive	Principal Amount	Cash Flow

No Data