Bloomberg News

Sound Global Said to Hire Banks for Credit Investor Meetings

May 15, 2012

Sound Global Ltd. (SGL), a Beijing-based water and wastewater treatment company, hired Deutsche Bank AG and HSBC Holdings Plc (HSBA) to arrange a series of credit investor meetings, according to a person familiar with the matter.

The company met bond investors in Singapore last week and in Hong Kong yesterday, said the person, who asked not to be identified because the details are private.

Sound Global Chief Financial Officer Gerald Yu declined to comment when contacted by telephone in Hong Kong today.

The company, which is listed in Hong Kong and Singapore, has a yuan-denominated 6 percent convertible bond due 2015, according to data compiled by Bloomberg. It has the equivalent of $774 million of bonds and loans that mature before 2020, the data show.

To contact the reporter on this story: Tanya Angerer in Singapore at tangerer@bloomberg.net

To contact the editor responsible for this story: Katrina Nicholas at knicholas2@bloomberg.net


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