China International Capital : Gold International Issues US$500 mm Offshore Bonds, CICC HK Acts as Joint Global Coordinator, Joint Lead Manager and Rating Advisor

China Gold International Issues US$500 mm Offshore Bonds, CICC HK Acts as Joint Global Coordinator, Joint Lead Manager and Rating Advisor

China Gold International Resources Corp. Ltd. ('China Gold International' or 'Company', 2099.HK，CGG.TSX) successfully issued US$500 mm offshore bonds ('the Bond') on July 6, 2017. CICC HK acted as Joint Global Coordinator, Joint Lead Manager and Rating Advisor.

China Gold International (TSX: CGG，HKEX: 2099) is a Canada-based profitable and fast-growing producer of gold and copper. The Company is the sole overseas listing vehicle of China National Gold Group Corporation ('China National Gold'), a central SOE from China holding 39% interests in it.

CICC assisted the issuer in receiving the S&P's BBB- bond rating. Meanwhile, under the underwriting syndicate's comprehensive marketing strategy, CICC as the roadshow arranger prepared for the Company's management 18 in-person meetings and 1 luncheon in Hong Kong, Singapore and London. The intensive 4-day roadshows covered around 100 institutional investors including sovereign funds, funds, insurers, banks and other quality investors. The well-prepared marketing activities and efficient communications paved the way for successful pricing. By accumulating a large quantity of intended orders from quality investors before the bookbuilding, CICC helped the Company to lock quality orders in the earliest manner, making outstanding contributions to the pricing. The order book under the initial guidance price exceeded US$2.3 bn, representing over 4x subscription．The investor structure was of high quality, laying the groundwork for the subsequent steady transactions in the secondary market.