Markets > Bonds

Xindeco to issue RMB 500 mln 90D bills July 3

BEIJING
2015-07-02 10:01

Already collect

Xindeco Co. of China announced Thursday that it would issue 500 million yuan worth of 90-day bills on July 3.

The money raised will be used to repay bank loans.

The details for the bills issue are as follows:

Issuer (full name)

Xindeco Co.

Guarantee

Unsecured

Registered amount

RMB 3 bln

Offering amount

RMB 500 mln

Term

90D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriter

China Development Bank

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Jul. 3, 2015

Value Date

Jul. 6, 2015

Payment Date

Jul. 6, 2015

Circulation Date

Jul. 7, 2015

Maturity Date

Oct. 4, 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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