Markets > Bonds

United Laboratories to issue RMB 800 mln 366D bills July 9

BEIJING
2015-07-02 10:56

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United Laboratories Co. of China announced Thursday that it would issue 800 billion yuan worth of 366-day bills on July 9.

The money raised will be used to replenish operating capital.

The details for the bills issue are as follows:

Issuer (full name)

United Laboratories Co.

Guarantee

Unsecured

Registered amount

RMB 800 mln

Offering amount

RMB 800 mln

Term

366D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriters

China Merchants Bank

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Jul. 9, 2015

Value Date

Jul. 13, 2015

Payment Date

Jul. 13, 2015

Circulation Date

Jul. 14, 2015

Maturity Date

Jul. 13, 2016

Issuer Rating

AA-

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

China Lianhe Credit Rating Co., Ltd.

 

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