China Yuchai Announces Issuance of Second Tranche of Ultra Short-Term Bonds
by Key Subsidiary
Singapore, Singapore September 28, 2015 China Yuchai International Limited (NYSE: CYD) (China
Yuchai or the Company) announced today that further to its announcement on April 14, 2015 on the
receipt of approval from Chinas National Association of Financial Market Institutional Investors
(NAFMII) for the issuance of RMB-denominated unsecured ultra short-term bonds amounting to RMB 2
billion (Bonds), its key subsidiary, Guangxi Yuchai Machinery Company Limited (GYMCL) had, on
September 16, 2015 issued the second tranche of the Bonds amounting to RMB 400 million. The par
value and issue price of each Bond is RMB 100. The maturity date of the second tranche of the Bonds
is June 13, 2016.
The second tranche of the Bonds will bear a fixed annual interest rate of 3.9%. Subscription to and
trading of the Bonds is only available in China to institutional investors of Chinas National
Inter-bank Bond Market. The lead underwriter and bookrunner for the Bonds is the China Development
Bank.
The proceeds from the issuance of the Bonds are to be used by GYMCL for repayment of loans. GYMCL
will continue to review its financing strategy according to changes in Chinas economic environment
and monetary policy.
This press release does not constitute an offer of securities for sale in the United States, and
securities may not be offered or sold in the United States absent registration or an exemption from
registration. The Company does not intend to register any portion of the Bonds issue referred to
above in the United States or to conduct a public offering in the United States. Any public
offering of securities to be made in the United States will be by means of a prospectus that can be
obtained from the Company and that will contain detailed information about the Company and
management, as well as financial statements.
About China Yuchai International
China Yuchai International Limited, through its subsidiary, Guangxi Yuchai Machinery Company
Limited (GYMCL), engages in the manufacture, assembly, and sale of a wide variety of light-,
medium- and heavy-duty engines for trucks, buses, passenger vehicles, construction equipment,
marine and agriculture applications in China. GYMCL also produces diesel power generators. The
engines produced by GYMCL range from diesel to natural gas and hybrid engines. Through its regional
sales offices and authorized customer service centers, the Company distributes its engines directly
to auto OEMs and retailers and provides maintenance and retrofitting services throughout China.
Founded in 1951, GYMCL has established a reputable brand name, strong research and development team
and significant market share in China with high-quality products and reliable after-sales support.
In 2014, GYMCL sold 483,825 engines and is recognized as a leading manufacturer and distributor of
engines in China. For more information, please visit http://www.cyilimited.com.
Safe Harbor Statement
This news release may contain forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The words believe, expect, anticipate, project,
target, optimistic, intend, aim, will or similar expressions are intended to identify
forward-looking statements. All statements other than statements of historical fact are statements
that may be deemed forward-looking statements. These forward-looking statements are based on
current expectations or beliefs, including, but not limited to, statements concerning the Companys
operations, financial performance and condition. The Company cautions that these statements by
their nature involve risks and uncertainties, and actual results may differ materially depending on
a variety of important factors, including those discussed in the Companys reports filed with the
Securities and Exchange Commission from time to time. The Company specifically disclaims any
obligation to maintain or update the forward-looking information, whether of the nature contained
in this release or otherwise, in the future.
For more information, please contact:
Kevin Theiss
Grayling
Tel: +1-646-284-9409
Email: cyd@grayling.com
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