Jinling Construction Group Co. of China announced Thursday that it would issue 600 million yuan worth of 366-day bills from September 17 to September 18.
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) |
Jinling Construction Group Co. |
Guarantee |
Unsecured |
Registered amount |
RMB 800 mln |
Offering amount |
RMB 600 mln |
Term |
366D |
Par Value |
RMB100 |
Issuing Rate |
To be decided by results of bookkeeping |
Underwriter |
China Merchants Bank |
Underwriting Mode |
Standby underwriting |
Issuing Mode |
Bookkeeping |
Issuing Date |
Sept. 17-18, 2015 |
Value Date |
Sept. 21, 2015 |
Payment Date |
Sept. 21, 2015 |
Circulation Date |
Sept. 22, 2015 |
Maturity Date |
Sept. 21, 2016 |
Issuer Rating |
AA |
Interest accrue mode |
Single interest |
Rating |
A-1 |
Rating Agency |
China Chengxin International Credit Rating Co. Ltd. |
Latest comments