SUNHKC 4.650% 08Sep2022 Corp (USD)

Bond Factsheet

Matured/ Called

Sun Hung Kai & Co BVI Ltd

Indicative

Full Lot

Bid Price

99.452

Change in Bid Price

0.701

Bid Yield (%)

Change in Bid Yield

Ask Price

100.452

Change in Ask Price

0.713

Ask Yield (%)

Change in Ask Yield

Indicative price as of 07 Sep 2022, 12:00am

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Bond Information

Sun Hung Kai & Co. (BVI) Limited operates as an investment company. The Comapny focuses on investments in multi-asset classes. Sun Hung Kai & Co. BVI serves clients worldwide.

Bond Issuer

Sun Hung Kai & Co BVI Ltd

Guarantor

Sun Hung Kai & Co Ltd

Announcement Date

31 Aug 2017

Issue Date

08 Sep 2017

Maturity Date

08 Sep 2022

Years to Maturity / Next Call

- / -

Modified Duration

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

4.650

Coupon Type

Fixed

Annual Coupon Rate

4.650

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

XS1677026350

CUSIP

AO9341824

Bond Currency

USD

Total Issue Size

550,000,000

Outstanding Issue Size

445,186,000

Min. Investment Quantity (Nominal)

USD 200,000

Incremental Quantity (Nominal)

USD 1,000

Bond Type

High Yield Corporate

Bond Sector

Financials

Bond Sub Sector

Diversified Financial Services

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

Following the occurrence of a Change of Control (as defined below), the holder of each Note will have the right, at such holder's option, to require the Issuer (failing whom the Guarantor) to redeem all, or some only, of that holder's Notes on the Change of Control Redemption Date (as defined below) at the Early Redemption Amount (Change of Control) specified hereon together with interest accrued to the Change of Control Redemption Date.

"Control" means the direct or indirect ownership of, or the power to control directly or indirectly, at least 35 per cent. of the Voting Rights of the issued share capital of the Guarantor;

a "Change of Control" occurs when: (i) the Controlling Shareholder ceases to have Control of the Guarantor; or (ii) the Guarantor consolidates with or merges into or sells or transfers all or substantially all of the Guarantor's assets to any Person or Persons other than the Controlling Shareholders (collectively or individually), provided that no Change of Control shall occur if the consolidation, merger, sale or transfer will not result in the Controlling Shareholders (collectively or individually) ceasing to have Control over the Guarantor or the successor entity;

"Controlling Shareholder" means the largest holder or group of shareholders (being the trustee of the Lee and Lee Trust (as referred to in the Annual Report dated 26 March 2012)) as at 13 June 2012 of Voting Rights of the issued share capital of the Guarantor;

Change of Control Put at 101%.

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