LENOVO 4.750% 29Mar2023 Corp (USD)

Bond Factsheet

Matured/ Called

Lenovo Group Limited

Indicative

Full Lot

Bid Price

99.800

Change in Bid Price

Bid Yield (%)

Change in Bid Yield

Ask Price

100.000

Change in Ask Price

Ask Yield (%)

Change in Ask Yield

Indicative price as of 12 May 2023, 12:00am

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Bond Information

Lenovo Group Limited develops, manufactures, and distributes intelligent devices. The Company provides laptops, desktops, tablet PCs, accessories, and data center equipment such as servers and storage, as well as offers infrastructure solutions and software services. Lenovo Group serves customers worldwide.

Bond Issuer

Lenovo Group Limited

Guarantor

Announcement Date

22 Mar 2018

Issue Date

29 Mar 2018

Maturity Date

29 Mar 2023

Years to Maturity / Next Call

- / -

Modified Duration

Issue / Reoffer Price

99.921

Issue / Reoffer Yield

4.768

Coupon Type

Fixed

Annual Coupon Rate

4.750

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

XS1765886244

CUSIP

AR8509507

Bond Currency

USD

Total Issue Size

750,000,000

Outstanding Issue Size

486,779,000

Min. Investment Quantity (Nominal)

USD 200,000

Incremental Quantity (Nominal)

USD 1,000

Bond Type

Corporate

Bond Sector

Information Technology

Bond Sub Sector

Technology Hardware, Storage and Peripherals

Issuer Credit Rating (S&P/ Fitch)

***/ BBB

Bond Credit Rating (S&P/ Fitch)

***/ N.R

Shariah Compliant

Exchange Listed

HKEX

Bond Feature(s)

Make Whole Call

In respect of each Note at the relevant Optional Redemption Date (Call), the amount equal to the sum of the principal amount of such Note, plus the Applicable Premium, together with accrued interest to (but excluding) the Optional Redemption Date (Call).

In Condition 10(c):

"Applicable Premium" means, with respect to a Note at the Optional Redemption Date (Call) the excess of: (A) the present value at such Optional Redemption Date (Call) of 100 per cent. of the principal amount of such Note, plus all required remaining scheduled interest payments due on such Note through to the Maturity Date (but excluding accrued and unpaid interest to such Optional Redemption Date (Call)), computed using a discount rate equal to the Treasury Rate plus 35 basis points; over (B) the principal amount of such Note on such Optional Redemption Date (Call);

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