Markets > Bonds

Lifan Holding to issue RMB 500 mln 180D bills June 24

BEIJING
2015-06-23 10:52

Already collect

Lifan Holding Co. of China announced Monday that it would issue 500 million yuan worth of 180-day bill on June 24

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)

Lifan Holding Co.

Guarantee

Unsecured

Registered amount

RMB 2 bln

Offering amount

RMB 500 mln

Term

180D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriters

SPD Bank

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Jun. 24, 2015

Value Date

Jun. 25, 2015

Payment Date

Jun. 25, 2015

Circulation Date

Jun. 26, 2015

Maturity Date

Dec. 22.2015

Issuer Rating

AA

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

China Lianhe Credit Rating Co., Ltd.

 

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