Markets > Bonds

Nanshan Group to issue RMB 1 bln 270D bills Aug. 5

BEIJING
2015-08-04 14:21

Already collect

Nanshan Group Co. of China announced Tuesday that it would issue 1 billion yuan worth of 270-day bills on August 5.

The money raised will be used to repay debts owed to financial institutions.

The details for the bills issue are as follows:

Issuer (full name)

Nanshan Group Co.

Guarantee

Unsecured

Registered amount

RMB 10 bln

Offering amount

RMB 1 bln

Term

270D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriter

China Minsheng Bank

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Aug. 5, 2015

Value Date

Aug. 6, 2015

Payment Date

Aug. 6, 2015

Circulation Date

Aug. 7, 2015

Maturity Date

May 2, 2016

Issuer Rating

AA+

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

China Lianhe Credit Rating Co., Ltd.

 

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