Markets > Bonds

Sinochem to issue RMB2bln 60D bills Oct. 12

BEIJING
2015-10-10 10:16

Already collect

Sinochem Co. of China announced Saturday that it would issue 2 billion yuan worth of 60-day bills on October 12.

The money raised will be used to replenish operating capital.

The details for the bills issue are as follows:

Issuer (full name)

Sinochem Co.

Guarantee

unsecured

Registered amount

RMB 20 mln

Offering amount

RMB 2 bln

Term

60D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriters

China CITIC Bank; Agricultural Bank of China

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Oct. 12, 2015

Value Date

Oct. 13, 2015

Payment Date

Oct. 13, 2015

Circulation Date

Oct. 14, 2015

Maturity Date

Dec. 12, 2015

Issuer Rating

AAA

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

China Chengxin International Credit Rating Co. Ltd.

 

Add comments

Latest comments

Latest News
News Most Viewed