Markets > Bonds

Kunming Iron and Steel to issue RMB1bln 366D bills Oct. 22

BEIJING
2015-10-19 11:01

Already collect

Kunming Iron and Steel Co. of China announced Monday that it would issue 1 billion yuan worth of 366-day bills on October 22.

The money raised will be used to repay bank loans.

The details for the bills issue are as follows:

Issuer (full name)

Kunming Iron and Steel Co.

Guarantee

unsecured

Registered amount

RMB 2.5 bln

Offering amount

RMB 1 bln

Term

270D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriters

China Merchants Bank; SPD Bank

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Oct. 22, 2015

Value Date

Oct. 26, 2015

Payment Date

Oct. 26, 2015

Circulation Date

Oct. 27, 2015

Maturity Date

Oct. 26, 2016

Issuer Rating

AA+

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

China Chengxin International Credit Rating Co. Ltd.

 

Related News
Add comments

Latest comments

Latest News
News Most Viewed