AMTD Deals | Sunkwun Properties US$185m Senior Bond Offering

On 14 January 2021, Sunkwan Properties Group Limited (“Sunkwan Properties” or the “Company”, 6900.HK) successfully priced its US$185m 364-Day senior fixed rate bond offering (the “Transaction”). AMTD acted as a Joint Bookrunner and Joint Lead Manager on the Transaction. This is the Company’s first ever USD bond offering, further expanding its financing channels after its HK IPO in November 2020. This Transaction also represents the first transaction led by AMTD for the Company, laying a solid foundation for long-term cooperation going forward.

Sunkwan Properties is a growing property developer with comprehensive experience focusing on the Yangtze River Delta Economic Region. It commenced their business through its first property project in Shanghai in 2010, and has since then further penetrated in the Yangtze River Delta Economic Region and expanded to other strategically selected regions, namely the Pearl River Delta Economic Zone and the Mid-China Core Economic Region. It ranked 83rd in 2020 in terms of comprehensive strength among the “Top 100 Real Estate Developers in China” according to China Real Estate Top 10 Research Group, and 79th in 2020 also in terms of comprehensive strength among the “Top 100 Real Estate Developers in China” according to China Real Estate Association, Shanghai E-House Real Estate Research Institute and China Real Estate Appraisal.