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Issuer: Oceanwide Holdings International 2015 Co., Ltd.
PRC Parent Guarantor: Oceanwide Holdings Co., Ltd. (000046.SZ)
HK Parent Guarantor: China Oceanwide Group Limited, formerly known as Oceanwide Holdings (Hong Kong) Co., Ltd.
Subsidiary Guarantors: Oceanwide Real Estate International Company Limited and Oceanwide Real Estate International Investment Company Limited
Guarantor's Ratings: B negative (S&P) / B stable (Fitch)
Exp. Issue Ratings: B (S&P) / B (Fitch)
Type: Fixed Rate Senior Notes
Format: Regulation S only, registered
Issue Size: US$ Benchmark
Tenor: 5put3 years
Price Guidance: 9.875% Area
Investor Put Option: At 100%, puttable at end of year 3
Issuer Optional Redemption: Makewhole, or scheduled call
Interest Step-up: 0% – 1% at the option of the issuer at end of year 3, if not called
Covenants: Customary HY covenant package (please refer to e-red)
UOP: For overseas general corporate purposes including but not limited to the development of the First and Mission Project located in San Francisco in the United States
Details: HKSE listing, $200k/1k denoms, New York law
Joint Bookrunners and
Joint Lead Managers: CITIC CLSA Securities, UBS
Netroadshow:
NetRoadshow / Entry code: Ocean15USD
Timing: As early as today's business