Markets > Bonds

Kaiqian Group to issue RMB2bln 5Y notes Oct. 27

BEIJING
2015-10-26 10:10

Already collect

Kaiqian Group Co. of China announced Monday that it would issue 2 billion yuan worth of 5-year notes on October 27.

The money raised will be used to repay bank loans.

The details for the notes issue are as follows:

Issuer (full name)

Kaiqian Group Co.

Guarantee

unsecured

Registered amount

RMB 2.7 bln

Offering amount

RMB 2 bln

Term

5Y

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriters

CICC; Agricultural Bank of China

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Oct. 27, 2015

Value Date

Oct. 29, 2015

Payment Date

Oct. 29, 2015

Circulation Date

Oct. 30, 2015

Maturity Date

Oct. 29, 2016

Issuer Rating

AA

Interest accrue mode

Single interest

Rating

AA

Rating Agency

Shanghai Brilliance Credit Rating & Investors Service Co., Ltd.

 

Add comments

Latest comments

Latest News
News Most Viewed