Wanda Group Co. of China announced Monday that it would issue 600 million yuan worth of 3-year notes on July 2.
The money raised will be used to repay bank loans.
The details for the notes issue are as follows:
Issuer (full name) |
Wanda Group Co. |
Guarantee |
Unsecured |
Registered amount |
RMB 3.6 bln |
Offering amount |
RMB 600 mln |
Term |
3Y |
Par Value |
RMB100 |
Issuing Rate |
To be decided by results of bookkeeping |
Underwriters |
China Construction Bank; China Merchants Bank |
Underwriting Mode |
Standby underwriting |
Issuing Mode |
Bookkeeping |
Issuing Date |
Jul. 2, 2015 |
Value Date |
Jul. 3, 2015 |
Payment Date |
Jul. 3, 2015 |
Circulation Date |
Jul. 6, 2015 |
Maturity Date |
Jul. 3, 2018 |
Issuer Rating |
AA |
Interest accrue mode |
Single interest |
Rating |
AA |
Rating Agency |
China Chengxin International Credit Rating Co. Ltd. |
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