Recently, Radiance Group (“Radiance” or the “Company”) successfully priced its US$250m 8.800% 3.25NCNP2 Reg S senior fixed rate bond offering (the “Transaction”). Final price guidance for the Transaction was 9.500%. AMTD served as a Joint Bookrunner and Joint Lead Manager on the Transaction.

The Transaction received strong interest from investors with the orderbook having filled up quickly with high-quality names – the book reached US$1bn in size before noon that day, and went on to reach US$1.4bn by the time of final pricing, which translates to the Transaction being 5.6 times oversubscribed.
