Markets > Bonds

Jiangsu Communications Holding to issue RMB 1.5 bln 366D bills Aug. 13

BEIJING
2015-08-10 14:39

Already collect

Jiangsu Communications Holding Co. of China announced Monday that it would issue 1.5 billion yuan worth of 366-day bills on August 13.

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)

Jiangsu Communications Holding Co.

Guarantee

Unsecured

Registered amount

RMB 1.5 bln

Offering amount

RMB 1.5 bln

Term

366D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriter

China Merchang Bank

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Aug. 13, 2015

Value Date

Aug. 14, 2015

Payment Date

Aug. 14, 2015

Circulation Date

Aug. 17, 2015

Maturity Date

Aug. 14, 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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