Bright Food Group Co. of China announced Tuesday that it would issue 3 billion yuan worth of 270-day bills from September 23 to September 24.
The money raised will be used to repay bank loans and replenish operating capital.
The details for the bills issue are as follows:
|
Issuer (full name) |
Bright Food Group Co. |
|
Guarantee |
unsecured |
|
Registered amount |
RMB 20 bln |
|
Offering amount |
RMB 3 bln |
|
Term |
270D |
|
Par Value |
RMB100 |
|
Issuing Rate |
To be decided by results of bookkeeping |
|
Underwriters |
Industrial Bank Co. Ltd; China Merchants Bank |
|
Underwriting Mode |
Standby underwriting |
|
Issuing Mode |
Bookkeeping |
|
Issuing Date |
Sept. 23-24, 2015 |
|
Value Date |
Sept. 25, 2015 |
|
Payment Date |
Sept. 25, 2015 |
|
Circulation Date |
Sept. 28, 2015 |
|
Maturity Date |
Jun. 21, 2016 |
|
Issuer Rating |
AAA |
|
Interest accrue mode |
Single interest |
|
Rating |
A-1 |
|
Rating Agency |
Shanghai Brilliance Credit Rating & Investors Service Co., Ltd. |
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