Zhuhai Water Group Co. of China announced Friday that it would issue 400 million yuan worth of 366-day bills on September 7.
The money raised will be used to repay bank loans.
The details for the bills issue are as follows:
|
Issuer (full name) |
Zhuhai Water Group Co. |
|
Guarantee |
Unsecured |
|
Registered amount |
RMB 1 bln |
|
Offering amount |
RMB 400 mln |
|
Term |
366D |
|
Par Value |
RMB100 |
|
Issuing Rate |
To be decided by results of bookkeeping |
|
Underwriter |
China Everbright Bank |
|
Underwriting Mode |
Standby underwriting |
|
Issuing Mode |
Bookkeeping |
|
Issuing Date |
Sept. 7, 2015 |
|
Value Date |
Sept. 8, 2015 |
|
Payment Date |
Sept. 8, 2015 |
|
Circulation Date |
Sept. 9, 2015 |
|
Maturity Date |
Sept. 8, 2016 |
|
Issuer Rating |
AA |
|
Interest accrue mode |
Single interest |
|
Rating |
A-1 |
|
Rating Agency |
China Chengxin International Credit Rating Co. Ltd. |
Latest comments