NWDEVL 4.125% 18Jul2029 Corp (USD)

Bond Factsheet

NWD (MTN) Limited

Indicative

Full Lot

Bid Price

80.333

Change in Bid Price

3.020

Bid Yield (%)

12.730 %

Change in Bid Yield

remove 1.539

Ask Price

81.500

Change in Ask Price

3.187

Ask Yield (%)

12.150 %

Change in Ask Yield

remove 1.599

Indicative price as of 02 Oct 2026, 4:33pm

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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

11 Jul 2019

Issue Date

18 Jul 2019

Maturity Date

18 Jul 2029

Years to Maturity / Next Call

2.785 / -

Modified Duration

2.465 @ 02 Oct 2026

Issue / Reoffer Price

98.718

Issue / Reoffer Yield

4.284

Coupon Type

Fixed

Annual Coupon Rate

4.125

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

XS2028401086

CUSIP

AZ6185690

Bond Currency

USD

Total Issue Size

950,000,000

Outstanding Issue Size

588,386,000

Min. Investment Quantity (Nominal)

USD 200,000

Incremental Quantity (Nominal)

USD 1,000

Bond Type

High Yield Corporate

Bond Sector

Financials

Bond Sub Sector

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.

For the purposes of this Condition 10(g):

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;

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