Markets > Bonds

State Power Investment to issue RMB 3.5 bln 270D bills Aug. 10

BEIJING
2015-08-07 14:20

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State Power Investment Co. of China announced Friday that it would issue 3.5 billion yuan worth of 270-day bills on August 10.

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)

State Power Investment Co.

Guarantee

Unsecured

Registered amount

RMB 50 bln

Offering amount

RMB 3.5 bln

Term

270D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriter

China Everbright Bank; Ping An Bank

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Aug. 10, 2015

Value Date

Aug. 11, 2015

Payment Date

Aug. 11, 2015

Circulation Date

Aug. 12, 2015

Maturity Date

May. 5, 2016

Issuer Rating

AAA

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

China Chengxin International Credit Rating Co. Ltd.

 

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