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00175 GEELY AUTO
RTNominal up9.200 +0.100 (+1.099%)
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19/01/2018 09:32

Geely Auto (00175) to issue US$300m bonds

[ET Net News Agency, 19 January 2018] Geely Automobile (00175) said it agreed to issue
3.625% bonds due 2023 in the principal amount of US$300 million.
The estimated net proceeds of about US$297.5 million will be applied to refinance the
Group's certain existing indebtedness and for business development and other general
corporate purposes.
Barclays, BNP PARIBAS, Deutsche Bank and UBS have been appointed as the joint global
co-ordinators, joint bookrunners and joint lead managers for the bonds issue. (HL)

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