Chenming Paper Group Co. of China announced Monday that it would issue 1.3 billion yuan worth of 3-year notes on July 6.
The money raised will be used to replenish operating capital.
The details for the notes issue are as follows:
Issuer (full name) |
Chenming Paper Group Co. |
Guarantee |
Unsecured |
Registered amount |
RMB 2.6 bln |
Offering amount |
RMB 1.3 mln |
Term |
5Y |
Par Value |
RMB100 |
Issuing Rate |
To be decided by results of bookkeeping |
Underwriters |
Huatai Securities; China CITIC Bank |
Underwriting Mode |
Standby underwriting |
Issuing Mode |
Bookkeeping |
Issuing Date |
Jul. 6, 2015 |
Value Date |
Jul. 8, 2015 |
Payment Date |
Jul. 8, 2015 |
Circulation Date |
Jul. 9, 2015 |
Maturity Date |
Jul. 8, 2018 |
Issuer Rating |
AA |
Interest accrue mode |
Single interest |
Rating |
AA |
Rating Agency |
China Chengxin International Credit Rating Co. Ltd. |
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