CICC Co. of China announced Monday that it would issue 800 million yuan worth of 90-day bill on June 18.
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) |
CICC Co. |
|
Guarantee |
Unsecured |
|
Registered amount |
RMB 2.5 bln |
|
Offering amount |
RMB 800 mln |
|
Term |
90D |
|
Par Value |
RMB100 |
|
Issuing Rate |
To be decided by results of bookkeeping |
|
Underwriter |
China Construction Bank |
|
Underwriting Mode |
Standby underwriting |
|
Issuing Mode |
Bookkeeping |
|
Issuing Date |
Jun. 18, 2015 |
|
Value Date |
Jun. 19 2015 |
|
Payment Date |
Jun. 19, 2015 |
|
Circulation Date |
Jun. 23, 2015 |
|
Maturity Date |
Sept. 17, 2015 |
|
Issuer Rating |
AAA |
|
Interest accrue mode |
Single interest |
|
Rating |
A-1 |
|
Rating Agency |
China Chengxin International Credit Rating Co. Ltd. |
Latest comments