Markets > Bonds

Jiangsu Expressway to issue RMB 700 mln 261D bills Aug. 11

BEIJING
2015-08-10 09:56

Already collect

Jiangsu Expressway Co. of China announced Monday that it would issue 700 million yuan worth of 261-day bills on August 11.

The money raised will be used to repay bank loans.

The details for the bills issue are as follows:

Issuer (full name)

Jiangsu Expressway Co.

Guarantee

Unsecured

Registered amount

RMB 5 bln

Offering amount

RMB 700 mln

Term

261D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriter

Ping An Bank; China Minsheng Banking

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Aug. 11, 2015

Value Date

Aug. 12, 2015

Payment Date

Aug. 12, 2015

Circulation Date

Aug. 13, 2015

Maturity Date

Apr. 29, 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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