Markets > Bonds

Guizhou Qiangui Power to issue RMB 300 mln 365D bills July 2

BEIJING
2015-06-25 14:15

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Guizhou Qiangui Power Co. of China announced Thursday that it would issue 300 million yuan worth of 365-day bills on July 2

The money raised will be used to replenish operating capital.

The details for the bills issue are as follows:

Issuer (full name)

Guizhou Qiangui Power Co.

Guarantee

Unsecured

Registered amount

RMB 600 mln

Offering amount

RMB 300 mln

Term

365D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriters

CITIC Securities Co.; Bank of China

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

July 2, 2015

Value Date

July 3, 2015

Payment Date

July 3, 2015

Circulation Date

July 4, 2015

Maturity Date

July 2, 2016

Issuer Rating

AA-

Interest accrue mode

Single interest

Rating

AA

Rating Agency

Dagong Global Credit Rating Co., Ltd.

 

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