Markets > Bonds

Sumec Group to issue RMB500mln 3Y notes Oct. Nov. 2-3

BEIJING
2015-10-26 14:24

Already collect

Sumec Group Co of China announced Monday that it would issue 500 million yuan worth of 3-year notes on November 2 to November 3.

The money raised will be used to repay bank loans.

The details for the notes issue are as follows:

Issuer (full name)

Sumec Group Co.

Guarantee

unsecured

Registered amount

RMB 500 mln

Offering amount

RMB 500 mln

Term

3Y

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriters

Bank of Beijing; China Minsheng Banking

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Oct. 2-3, 2015

Value Date

Oct. 4, 2015

Payment Date

Oct. 4, 2015

Circulation Date

Oct. 5, 2015

Maturity Date

Oct. 4, 2018

Issuer Rating

AA+

Interest accrue mode

Single interest

Rating

AA+

Rating Agency

China Chengxin International Credit Rating Co. Ltd.

 

Related News
Add comments

Latest comments

Latest News
News Most Viewed