Markets > Bonds

Bejing Grain Group to issue RMB 500 mln 180D bills Jun 9-10

BEIJING
2015-06-08 10:07

Already collect

Bejing Grain Group Co. of China announced Monday that it would issue 500 million yuan worth of 180-day bills from June 8 to June 10.

The money raised will be used to repay bank loans.

The details for the bills issue are as follows:

Issuer (full name)

Bejing Grain Group Co.

Guarantee

Unsecured

Registered amount

RMB 2 bln

Offering amount

RMB 5 mln

Term

180D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriters

Bank of Beijing; China CITIC Bank

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Jun. 9-10, 2015

Value Date

Jun. 11. 2015

Payment Date

Jun. 11, 2015

Circulation Date

Jun. 12, 2015

Maturity Date

Dec. 8, 2015

Issuer Rating

AA+

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

Dagong Global Credit Rating Co., Ltd.

 

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