Xiamen Construction Development Co. of China announced Monday that it would issue 1 billion yuan worth of 270-day bills on August 11.
The money raised will be used to replenish operating capital.
The details for the bills issue are as follows:
Issuer (full name) |
Xiamen Construction Development Co. |
Guarantee |
Unsecured |
Registered amount |
RMB 9 bln |
Offering amount |
RMB 1 bln |
Term |
270D |
Par Value |
RMB100 |
Issuing Rate |
To be decided by results of bookkeeping |
Underwriters |
China Minsheng Banking; Agricultural Bank of China |
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 |
May 8, 2016 |
Issuer Rating |
AAA |
Interest accrue mode |
Single interest |
Rating |
A-1 |
Rating Agency |
China Lianhe Credit Rating Co., Ltd. |
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