Wednesday 26 October 2016 by FIIG Research Company factsheets

Biostime International Holdings Ltd USD 7.25% 6 June 2021 senior subordinated bond factsheet

THIS CONTENT IS SUITABLE FOR WHOLESALE INVESTORS ONLY

Biostime International Holdings Ltd USD 7.25% 6 June 2021 senior subordinated bond

Biostime International Holdings Ltd is a leading domestic infant milk formula provider in China. The company acquired an 83% stake in the leading Australian vitamin, herbal and mineral supplements provider, Swisse Wellness Group Pty Ltd in September 2015. Established in 1999, Biostime is headquartered in Guangzhou and listed on Hong Kong’s stock exchange in December 2010. The company has a market capitalisation of AUD2.85bn equivalent as at 20 June 2016. Chairman and CEO, Mr. LUO Fei, as well as other principal shareholders, held a 71% stake in Biostime as of end 2015.