Markets > Bonds

Meihua Group to issue RMB 500 mln 90D bills Jun 19

BEIJING
2015-06-18 10:27

Already collect

Meihua Group Co. of China announced Thursday that it would issue 500 million yuan worth of 90-day bill on June 19.

The money raised will be used to repay bank loan.

The details for the bills issue are as follows:

Issuer (full name)

Meihua Group Co.

Guarantee

Unsecured

Registered amount

RMB 4bln

Offering amount

RMB 500 mln

Term

90D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriter

Industrial Bank Co. Ltd.

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Jun. 19, 2015

Value Date

Jun. 23, 2015

Payment Date

Jun. 23, 2015

Circulation Date

Jun. 24, 2015

Maturity Date

Sept. 21, 2015

Issuer Rating

AA

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

China Chengxin International Credit Rating Co. Ltd.

 

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