Wuxi Industry Development Group Co. of China announced Thursday that it would issue 800 million yuan worth of 270-day bills on October 9.
The money raised will be used to replenish operating capital.
The details for the bills issue are as follows:
Issuer (full name) |
Wuxi Industry Development Group Co. |
Guarantee |
unsecured |
Registered amount |
RMB 5 bln |
Offering amount |
RMB 800 mln |
Term |
270D |
Par Value |
RMB100 |
Issuing Rate |
To be decided by results of bookkeeping |
Underwriter |
Bank of Communications |
Underwriting Mode |
Standby underwriting |
Issuing Mode |
Bookkeeping |
Issuing Date |
Oct. 9, 2015 |
Value Date |
Oct. 10, 2015 |
Payment Date |
Oct. 10, 2015 |
Circulation Date |
Oct. 12, 2015 |
Maturity Date |
Jul. 6, 2016 |
Issuer Rating |
AAA |
Interest accrue mode |
Single interest |
Rating |
A-1 |
Rating Agency |
China Lianhe Credit Rating Co., Ltd. |
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