Markets > Bonds

Jiangsu Yangnong Chemical Group to issue RMB1bln 270D bills Oct. 14

BEIJING
2015-10-13 10:05

Already collect

Jiangsu Yangnong Chemical Group Co. of China announced Tuesday that it would issue 1 billion yuan worth of 270-day bills on October 14.

The money raised will be used to repay bank loans.

The details for the bills issue are as follows:

Issuer (full name)

Jiangsu Yangnong Chemical Group Co.

Guarantee

unsecured

Registered amount

RMB 1.5 bln

Offering amount

RMB 1 bln

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. 14, 2015

Value Date

Oct. 16, 2015

Payment Date

Oct. 16, 2015

Circulation Date

Oct. 19, 2015

Maturity Date

Jul. 12, 2016

Issuer Rating

AA

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

China Lianhe Credit Rating Co., Ltd.

 

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