Fujian Construction Engineering Group Co. of China announced Wednesday that it would issue 500 million yuan worth of 5-year notes on June 17.
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) |
Fujian Construction Engineering Group Co. |
Guarantee |
Unsecured |
Registered amount |
RMB 1 bln |
Offering amount |
RMB 500 mln |
Term |
5Y |
Par Value |
RMB100 |
Issuing Rate |
To be decided by results of bookkeeping |
Underwriter |
SPD Bank |
Underwriting Mode |
Standby underwriting |
Issuing Mode |
Bookkeeping |
Issuing Date |
Jun. 17, 2015 |
Value Date |
Jun. 19. 2015 |
Payment Date |
Jun. 19, 2015 |
Circulation Date |
Jun. 23, 2015 |
Maturity Date |
Jun. 19, 2020 |
Issuer Rating |
AA |
Interest accrue mode |
Single interest |
Rating |
AA |
Rating Agency |
China Chengxin International Credit Rating Co. Ltd. |
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