Shandong Hi-Speed Co. of China announced Friday that it would issue 1 billion yuan worth of 270-day bill from June 15 to June 16.
The money raised will be used to replenish operating capital and repay bank loans.
The details for the bills issue are as follows:
|
Issuer (full name) |
Shandong Hi-Speed Co. |
|
Guarantee |
Unsecured |
|
Registered amount |
RMB 1.5 bln |
|
Offering amount |
RMB 1 bln |
|
Term |
270D |
|
Par Value |
RMB100 |
|
Issuing Rate |
To be decided by results of bookkeeping |
|
Underwriters |
Bank of Beijing; Ping An Bank |
|
Underwriting Mode |
Standby underwriting |
|
Issuing Mode |
Bookkeeping |
|
Issuing Date |
Jun. 15-16, 2015 |
|
Value Date |
Jun. 17. 2015 |
|
Payment Date |
Jun. 17, 2015 |
|
Circulation Date |
Jun. 18, 2015 |
|
Maturity Date |
Mar. 13, 2016 |
|
Issuer Rating |
AAA |
|
Interest accrue mode |
Single interest |
|
Rating |
A-1 |
|
Rating Agency |
China Chengxin International Credit Rating Co. Ltd. |
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