Markets > Bonds

Ningbo Communication Investment Holding to issue RMB300mln 90D bills Aug.18

BEIJING
2015-08-17 10:04

Already collect

Ningbo Communication Investment Holding Co. of China announced Monday that it would issue 300 million yuan worth of 90-day bills on August 18.

The money raised will be used to repay bank loans.

The details for the bills issue are as follows:

Issuer (full name)

Ningbo Communication Investment Holding Co.

Guarantee

Unsecured

Registered amount

RMB 3 bln

Offering amount

RMB 300 mln

Term

90D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriters

China Development Bank; ICBC

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Aug. 18, 2015

Value Date

Aug. 19, 2015

Payment Date

Aug. 19, 2015

Circulation Date

Aug. 20, 2015

Maturity Date

Nov. 17, 2015

Issuer Rating

AA+

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

China Chengxin International Credit Rating Co. Ltd.

 

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