Tianjin Indemnificatory Housing Construction and Investment Co. of China announced Wednesday that it would issue 4.78 billion yuan worth of 5-year notes on August 19.
The money raised will be used to repay bank loans.
The details for the notes issue are as follows:
Issuer (full name) |
Tianjin Indemnificatory Housing Construction and Investment Co. |
Guarantee |
Unsecured |
Registered amount |
RMB 4.78 bln |
Offering amount |
RMB 4.78 bln |
Term |
5Y |
Par Value |
RMB100 |
Issuing Rate |
To be decided by results of bookkeeping |
Underwriters |
China Construction Bank; Bank of Tianjin |
Underwriting Mode |
Standby underwriting |
Issuing Mode |
Bookkeeping |
Issuing Date |
Aug. 19, 2015 |
Value Date |
Aug. 20, 2015 |
Payment Date |
Aug. 20, 2015 |
Circulation Date |
Aug. 21, 2015 |
Maturity Date |
Aug. 20, 2020 |
Issuer Rating |
AA+ |
Interest accrue mode |
Single interest |
Rating |
AA+ |
Rating Agency |
Shanghai Brilliance Credit Rating & Investors Service Co., Ltd. |
Latest comments