Markets > Bonds

Shanshan Group to issue RMB 900 mln 366D bills Aug. 24

BEIJING
2015-08-19 10:55

Already collect

Shanshan Group Co. of China announced Wednesday that it would issue 900 million yuan worth of 366-day bills on August 24.

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)

Shanshan Group Co.

Guarantee

unsecured

Registered amount

RMB 900 mln

Offering amount

RMB 900 mln

Term

366D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriter

Industrial Bank Co. Ltd.

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Aug. 24, 2015

Value Date

Aug. 25, 2015

Payment Date

Aug. 25, 2015

Circulation Date

Aug. 26, 2015

Maturity Date

Aug. 25, 2016

Issuer Rating

AA

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

Shanghai Brilliance Credit Rating & Investors Service Co., Ltd.

 

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