Xiamen International Trade Group Co. of China announced Monday that it would issue 1.5 billion yuan worth of 91-day bills on September 8.
The money raised will be used to replenish operating capital and repay bank loans.
The details for the bills issue are as follows:
Issuer (full name) |
Xiamen International Trade Group Co. |
Guarantee |
Unsecured |
Registered amount |
RMB 8 bln |
Offering amount |
RMB 1.5 bln |
Term |
91D |
Par Value |
RMB100 |
Issuing Rate |
To be decided by results of bookkeeping |
Underwriters |
The Export Import Bank of China; Bank of Communications |
Underwriting Mode |
Standby underwriting |
Issuing Mode |
Bookkeeping |
Issuing Date |
Sept. 8, 2015 |
Value Date |
Sept. 9, 2015 |
Payment Date |
Sept. 9, 2015 |
Circulation Date |
Sept. 10, 2015 |
Maturity Date |
Dec. 9, 2015 |
Issuer Rating |
AAA |
Interest accrue mode |
Single interest |
Rating |
A-1 |
Rating Agency |
China Chengxin International Credit Rating Co. Ltd. |
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