Henan Communication Investment Group Co. of China announced Thursday that it would issue 2 billion yuan worth of 6-year notes on November 16.
The money raised will be used to replenish operating capital and repay bank loans.
The details for the notes issue are as follows:
Issuer (full name) |
Henan Communication Investment Group Co. |
Guarantee |
Unsecured |
Registered amount |
RMB 4.5 bln |
Offering amount |
RMB 1.5 bln |
Term |
6Y |
Par Value |
RMB100 |
Issuing Rate |
To be decided by results of bookkeeping |
Underwriter |
SPD Bank |
Underwriting Mode |
Standby underwriting |
Issuing Mode |
Bookkeeping |
Issuing Date |
Nov. 23, 2015 |
Value Date |
Nov. 25, 2015 |
Payment Date |
Nov. 25, 2015 |
Circulation Date |
Nov. 26, 2015 |
Maturity Date |
Nov. 25, 2021 |
Issuer Rating |
AAA |
Interest accrue mode |
Single interest |
Rating |
A-1 |
Rating Agency |
Dagong Global Credit Rating Co., Ltd. |
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