Huaneng Power International Co. of China announced Tuesday that it would issue 2 billion yuan worth of 270-day bills on June 10.
The money raised will be used to repay debts owed to financial institutions.
The details for the bills issue are as follows:
Issuer (full name) |
Huaneng Power International Co. |
Guarantee |
Unsecured |
Registered amount |
RMB 20 bln |
Offering amount |
RMB 2 bln |
Term |
270D |
Par Value |
RMB100 |
Issuing Rate |
To be decided by results of bookkeeping |
Underwriter |
ICBC |
Underwriting Mode |
Standby underwriting |
Issuing Mode |
Bookkeeping |
Issuing Date |
Jun. 10, 2015 |
Value Date |
Jun. 11. 2015 |
Payment Date |
Jun. 11, 2015 |
Circulation Date |
Jun. 12, 2015 |
Maturity Date |
Mar. 7, 2016 |
Issuer Rating |
AAA |
Interest accrue mode |
Single interest |
Rating |
A-1 |
Rating Agency |
China Chengxin International Credit Rating Co. Ltd. |
Latest comments