Markets > Bonds

Changzhou Investment Group to issue RMB500mln 366 bills Oct. Nov. 29-30

BEIJING
2015-10-26 14:30

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Changzhou Investment Group Co of China announced Monday that it would issue 500 million yuan worth of 366-day bills on October 29 to October 30.

The money raised will be used to repay bank loans.

The details for the bills issue are as follows:

Issuer (full name)

Changzhou Investment Group Co.

Guarantee

unsecured

Registered amount

RMB 1 bln

Offering amount

RMB 500 mln

Term

366D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriter

China CITIC Bank

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Oct. 29-30, 2015

Value Date

Oct. 2, 2015

Payment Date

Oct. 2, 2015

Circulation Date

Oct. 3, 2015

Maturity Date

Oct. 2, 2016

Issuer Rating

AA

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

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

 

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