GLPCHI 4.000% 02Jul2024 Corp (CNH)

Bond Factsheet

Matured/ Called

GLP China Holdings Limited

Indicative

Full Lot

Bid Price

99.625

Change in Bid Price

Bid Yield (%)

Change in Bid Yield

Ask Price

99.875

Change in Ask Price

Ask Yield (%)

Change in Ask Yield

Indicative price as of 02 Jul 2024, 12:00am

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Bond Information

GLP China Holdings Limited operates as a holding company. The Company, through its subsidiaries, offers development and operations of logistics real estate, data centers, renewable energy, warehousing services and related technologies. GLP China Holdings serves customers worldwide.

Bond Issuer

GLP China Holdings Limited

Guarantor

Announcement Date

24 Jun 2021

Issue Date

02 Jul 2021

Maturity Date

02 Jul 2024

Years to Maturity / Next Call

- / -

Modified Duration

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

4.000

Coupon Type

Fixed

Annual Coupon Rate

4.000

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

HK0000744679

CUSIP

BQ2368968

Bond Currency

CNH

Total Issue Size

1,200,000,000

Min. Investment Quantity (Nominal)

CNH 1,000,000

Incremental Quantity (Nominal)

CNH 10,000

Bond Type

High Yield Corporate

Bond Sector

Industrials

Bond Sub Sector

Air Freight and Logistics

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 any 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 a price equal to the Early Redemption Amount (Change of Control), together with interest accrued (if any) to the Change of Control Put Date. To exercise such right, the holder of the relevant Note must deposit at the specified office of any Paying Agent a duly completed and signed notice of redemption, in the form for the time being current, obtainable from the specified office of any Paying Agent (a "Change of Control Put Exercise Notice"), together with a certificate evidencing the Notes to be redeemed, by not later than 30 days following a Change of Control, or, if later, 30 days following the date upon which notice thereof is given to Noteholders by the Issuer in accordance with Condition 20 (Notices). The "Change of Control Put Date" shall be the fourteenth day after the expiry of such period of 30 days as referred to above in this Condition 9(c). A Change of Control Put Exercise Notice, once delivered, shall be irrevocable and the Issuer shall redeem the Notes which are the subject of Change of Control Put Exercise Notices delivered as aforesaid on the Change of Control Put Date.

At 101%

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