Markets > Bonds

Jilin Forest Industry Group to issue RMB500 mln 270D bills Oct. 8

BEIJING
2015-09-30 10:32

Already collect

Jilin Forest Industry Group Co. of China announced Wednesday that it would issue 500 million yuan worth of 270-day bills on October 8.

The money raised will be used to repay bank loans.

The details for the bills issue are as follows:

Issuer (full name)

Jilin Forest Industry Group Co.

Guarantee

unsecured

Registered amount

RMB 2 bln

Offering amount

RMB 500 mln

Term

270D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriter

Industrial Bank Co. Ltd.

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Oct. 8, 2015

Value Date

Oct. 9, 2015

Payment Date

Oct. 9, 2015

Circulation Date

Oct. 10, 2015

Maturity Date

Jul. 5, 2016

Issuer Rating

AA

Interest accrue mode

Single interest

Rating

AA+

Rating Agency

China Chengxin International Credit Rating Co. Ltd.

 

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