Xiamen Tungsten Co. of China announced Monday that it would issue 600 million yuan worth of 270-day bills from October 13 to October 14.
The money raised will be used to replenish operating capital and repay bank loans.
The details for the bills issue are as follows:
|
Issuer (full name) |
Xiamen Tungsten Co. |
|
Guarantee |
unsecured |
|
Registered amount |
RMB 2.5 bln |
|
Offering amount |
RMB 600 mln |
|
Term |
270D |
|
Par Value |
RMB100 |
|
Issuing Rate |
To be decided by results of bookkeeping |
|
Underwriters |
China CITIC Bank; Industrial Bank Co. Ltd. |
|
Underwriting Mode |
Standby underwriting |
|
Issuing Mode |
Bookkeeping |
|
Issuing Date |
Oct. 13-14, 2015 |
|
Value Date |
Oct. 15, 2015 |
|
Payment Date |
Oct. 15, 2015 |
|
Circulation Date |
Oct. 16, 2015 |
|
Maturity Date |
Jul. 11, 2016 |
|
Issuer Rating |
AA+ |
|
Interest accrue mode |
Single interest |
|
Rating |
A-1 |
|
Rating Agency |
China Lianhe Credit Rating Co., Ltd. |
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