Shenzhen International (HKG:0152) proposes to issue US$300 million 4.375% senior notes due 2017 to institutional investors. The USD Senior Notes are expected to be issued on or about 20 April 2012.

UBS and SCB are the joint global coordinators in respect of the Notes Issue and UBS, SCB, DBS, ING, J.P. Morgan and BOCI are the joint lead managers and joint bookrunners in respect of the Notes Issue.

The net proceeds from the Notes Issue will be approximately US$295.33. The Shenzhen International group intends to use the net proceeds for funding capital expenditure of the group's core businesses, refinancing existing indebtedness and general working capital purposes