COFCO Co. of China announced Friday that it would issue 5.5 billion yuan worth of 269-day bills on August 25.
The money raised will be used to replenish operating capital.
The details for the bills issue are as follows:
Issuer (full name) |
COFCO Co. |
Guarantee |
unsecured |
Registered amount |
RMB 40 bln |
Offering amount |
RMB 5.5 bln |
Term |
269D |
Par Value |
RMB100 |
Issuing Rate |
To be decided by results of bookkeeping |
Underwriters |
Agricultural Bank of China; China Merchants Bank |
Underwriting Mode |
Standby underwriting |
Issuing Mode |
Bookkeeping |
Issuing Date |
Aug. 25, 2015 |
Value Date |
Aug. 26, 2015 |
Payment Date |
Aug. 26, 2015 |
Circulation Date |
Aug. 27, 2015 |
Maturity Date |
Feb. 21, 2016 |
Issuer Rating |
AAA |
Interest accrue mode |
Single interest |
Rating |
A-1 |
Rating Agency |
China Lianhe Credit Rating Co., Ltd. |
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