Markets > Bonds

Shandong Hi-Speed Group to issue RMB1.5bln 270D bills Nov. 4

BEIJING
2015-11-03 10:25

Already collect

Shandong Hi-Speed Group Co. of China announced Tuesday that it would issue 1.5 billion yuan worth of 270-day bills on November 4.

The money raised will be used to replenish operating capital and repay bank loans.

The details for the bills issue are as follows:

Issuer (full name)

Shandong Hi-Speed Group Co.

Guarantee

Unsecured

Registered amount

RMB 15 bln

Offering amount

RMB 1.5 bln

Term

270D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriters

China Development Bank; Huaxia Bank

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Nov. 4, 2015

Value Date

Nov. 5, 2015

Payment Date

Nov. 5, 2015

Circulation Date

Nov. 6, 2015

Maturity Date

Aug. 1, 2016

Issuer Rating

AAA

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

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

 

Add comments

Latest comments

Latest News
News Most Viewed