Guangxi Construction Engineering Group Co. of China announced Thursday that it would issue 500 million yuan worth of 3-year notes from June 10 to June 11.
The money raised will be used to replenish operating capital and repay bank loans.
The details for the notes issue are as follows:
|
Issuer (full name) |
Guangxi Construction Engineering Group Co. |
|
Guarantee |
Unsecured |
|
Registered amount |
RMB 1.5 bln |
|
Offering amount |
RMB 500 mln |
|
Term |
3Y |
|
Par Value |
RMB100 |
|
Issuing Rate |
To be decided by results of bookkeeping |
|
Underwriters |
Bank of Beijing; SPD Bank |
|
Underwriting Mode |
Standby underwriting |
|
Issuing Mode |
Bookkeeping |
|
Issuing Date |
Jun. 10-11, 2015 |
|
Value Date |
Jun. 15. 2015 |
|
Payment Date |
Jun. 15, 2015 |
|
Circulation Date |
Jun. 16, 2015 |
|
Maturity Date |
Jun, 15, 2018 |
|
Issuer Rating |
AA |
|
Interest accrue mode |
Single interest |
|
Rating |
AA |
|
Rating Agency |
Dagong Global Credit Rating Co., Ltd |
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