Chinese property developer KWG Property Holding Ltd. (1813.HK) priced a $400 million, five-year bond, one of the banks running the deal said Thursday.

Barclays Capital, HSBC Holdings PLC and Standard Chartered Bank PLC were the lead managers on the sale, which has the following terms:

 
Amount:           $400 million 
Maturity:         March 22, 2017 
Coupon:           13.25% 
Reoffer Price:    99.112 
Payment Date:     March 22, 2012 
Yield:            13.5% 
Issue Ratings:    B1 (Moody's) 
                  B+ (Standard & Poor's) 
Denominations:    $1,000; $200,000 
Listing:          Singapore

-By Ben Edwards, Dow Jones Newswires, 44 20 7842 9287;

ben.edwards@dowjones.com

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