Markets > Bonds

Poly Energies Holding to issue RMB 500 mln 270D bills July 9-10

BEIJING
2015-07-08 10:29

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Poly Energies Holding Co. of China announced Wednesday that it would issue 500 million yuan worth of 270-day bills from July 9 to July 10.

The money raised will be used to repay bank loans..

The details for the bills issue are as follows:

Issuer (full name)

Poly Energies Holding Co.

Guarantee

Unsecured

Registered amount

RMB 3 bln

Offering amount

RMB 500 mln

Term

270D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriters

Bank of Beijing; China CITIC Bank

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Jul. 9-10, 2015

Value Date

Jul. 13, 2015

Payment Date

Jul. 13, 2015

Circulation Date

Jul. 14, 2015

Maturity Date

Apr. 8, 2016

Issuer Rating

AA

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

China Chengxin International Credit Rating Co. Ltd.

 

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