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Fehorizon Successfully Issued 550 Million Dollar Bonds for the Second Time in 2024
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2024-09-03

On August 28, Fehorizon successfully issued 550 million US dollars of 3.5-year senior unsecured bonds, which is yet another benchmark since the issuance of 500 million US dollars of three-year senior unsecured bonds this April. Grasping a good market opportunity, this issuance of dollar bonds met with the active participation of over 200 high-quality investors worldwide, with peak subscription multiple exceeding 5 times on the orderbook, and the issue size of 550 million US dollars even refreshed the issue size record of non-bank leading industry in the Chinese offshore bond market in recent years.



With steady performance and continuous communication with investors over the years, this time, Fehorizon’s transaction received a strong response from internationally renowned institutional investors including BlackRock, Manulife Asset Management, Schroders and FULLERTON as well as numerous Asian and Chinese-funded financial institutions, the investor base covering funds, asset management companies, sovereign investors, insurance companies, banks, enterprises, private banks, etc.


Divided by region, the internationalization and diversification of investor base is further improved and enhanced in this issuance; 15% of the final bond allocation is attributable to European and Middle Eastern investors, making it one of the highest percentages in recently issued Chinese dollar bonds.


Fehorizon’s successful issuance of dollar bonds this time fully reflects the full confidence of domestic and foreign capital markets in the Company’s sustained high-quality development, meanwhile further improving Fehorizon’s international management level and resource allocation capability.


In the future, adhering to the mission of “integrating global resources and promoting industry development” and the “finance + industry” business mode as always, Fehorizon will gather quality resources from around the world, combine financial resources with industrial resources organically, keep providing diversified services for clients in relevant fields, and contribute to the high-quality development of China’s economy.