SHKF Acts as Joint Book Runner for US$250m 5-year Guaranteed Notes by CSI Properties

HONG KONG, Aug. 16, 2016 /PRNewswire/ -- Sun Hung Kai Financial ("SHKF") acted as Joint Lead Manager and Joint Book Runner ("JBR") for the issue of US$250 million 5-year Guaranteed Notes ("the Notes") by CSI Properties Limited ("CSI Properties"). The Notes were priced on 1 August 2016 with a coupon of 4.875%. The issue was well received by the market with a total demand of over US$1.8 billion, which resulted in a tightening of pricing from the initial guidance of 5.125%.

In 2016 YTD, SHKF has acted as JBR for four bond issuances, raising over US$1.6 billion. This demonstrates SHKF's strong distribution network. Previously, SHKF acted as JBR in China Minsheng Investment Corporation Limited's 3-year US$500 million Medium Term Note programme, Sun Hung Kai & Co. Limited's US$361 million 5-year Guaranteed  Medium Term Note programme and AMTD Group's 3-year US$500 million Medium Term Note programme.

Mr William Leung, Chief Executive Officer, SHKF, said, "We see solid demand from our institutional and wealth management clients for fixed income products from quality issuers. Our key role in such offerings, which were multiple times subscribed and upsized, is a testament to SHKF's strong distribution capability in the market, which will position us to continue to build our business in the debt capital markets segment."

About Sun Hung Kai Financial Limited

Sun Hung Kai Financial Limited ("SHKFL"), with its foundation dating back to 1969, is a 70%-owned subsidiary of Everbright Securities Company Limited ("Everbright Securities", SSE: 601788).

Operating under the Sun Hung Kai Financial brand as well as the SHK Direct and SHK Private sub-brands, SHKFL has two core business segments, Wealth Management and Brokerage, and Capital Markets. It offers customised wealth management and investment solutions for retail, corporate and institutional clients. Backed by Everbright Securities, SHKFL provides greater access for Hong Kong and Mainland investors to a broad range of products and services.

SHKFL has an extensive branch and office network in Hong Kong, Macau and Mainland China, and offers a diversified financial trading platform to its customers. SHKFL, through its subsidiaries, currently has about HK$85.4 billion* in assets under management, custody and/or advice. For more information, please visit www.shkf.com.

*As of 30 June 2016

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