Dalian Machine Tools Group Co of China announced Tuesday that it would issue 1 billion yuan worth of 270-day bills on October 28 to October 29.
The money raised will be used to repay bank loans.
The details for the bills issue are as follows:
Issuer (full name) |
Dalian Machine Tools Group Co. |
Guarantee |
unsecured |
Registered amount |
RMB 3 bln |
Offering amount |
RMB 1 bln |
Term |
270D |
Par Value |
RMB100 |
Issuing Rate |
To be decided by results of bookkeeping |
Underwriter |
Industrial Bank Co. Ltd. |
Underwriting Mode |
Standby underwriting |
Issuing Mode |
Bookkeeping |
Issuing Date |
Oct. 28-29, 2015 |
Value Date |
Oct. 30, 2015 |
Payment Date |
Oct. 30, 2015 |
Circulation Date |
Nov. 2, 2015 |
Maturity Date |
Jul. 26, 2016 |
Issuer Rating |
AA |
Interest accrue mode |
Single interest |
Rating |
A-1 |
Rating Agency |
China Lianhe Credit Rating Co., Ltd. |
Latest comments