Markets > Bonds

Shanghai Summit Group to issue RMB 2 bln 3Y notes July 20

BEIJING
2015-07-13 10:34

Already collect

Shanghai Summit Group Co. of China announced Monday that it would issue 2 billion yuan worth of 3-year notes on July 20.

The money raised will be used to repay bank loans and replenish operating capital.

The details for the notes issue are as follows:

Issuer (full name)

Shanghai Summit Group Co.

Guarantee

Unsecured

Registered amount

RMB 6.5 bln

Offering amount

RMB 2 bln

Term

3Y

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriter

SPD Bank

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Jul. 20, 2015

Value Date

Jul. 22, 2015

Payment Date

Jul. 22, 2015

Circulation Date

Jul. 23, 2015

Maturity Date

Jul. 22, 2018

Issuer Rating

AA

Interest accrue mode

Single interest

Rating

AA

Rating Agency

Shanghai Brilliance Credit Rating & Investors Service Co., Ltd.

 

Add comments

Latest comments

Latest News
News Most Viewed