Markets > Bonds

Xiamen Xindeco to issue RMB500mln 180D bills Nov. 16-17

BEIJING
2015-11-13 14:46

Already collect

Xiamen Xindeco Co. of China announced Friday that it would issue 500 million yuan worth of 180-day bills from November 16 to November 17.

The money raised will be used to repay bank loans.

The details for the bills issue are as follows:

Issuer (full name)

Xiamen Xindeco Co.

Guarantee

Unsecured

Registered amount

RMB 30 bln

Offering amount

RMB 500 mln

Term

180D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriter

ICBC

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Nov. 16-17, 2015

Value Date

Nov. 18, 2015

Payment Date

Nov. 18, 2015

Circulation Date

Nov. 19, 2015

Maturity Date

Nov. 18, 2016

Issuer Rating

AA

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

China Chengxin International Credit Rating Co. Ltd.

 

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