The funds, which will be used for refinancing and general working capital purposes, will carry a coupon of 4.5%.
Dalian’s decision to proceed with the fund raiser follows a series of road show presentations with investors earlier this week.
ABC International, Agricultural Bank of China, CCB International and Wing Lung Bank are the joint global coordinators for the bond issue.
The same three banks plus China Minsheng Bank, China Merchants Securities (HK), Huatai Financial and ICBC Singapore are the joint bookrunners and joint lead managers.
The
