Seashine Group Co. of China announced Wednesday that it would issue 500 million yuan worth of 187-day bills from November 19 to November 20.
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) |
Seashine Group Co. |
Guarantee |
Unsecured |
Registered amount |
RMB 3 bln |
Offering amount |
RMB 500 mln |
Term |
1870D |
Par Value |
RMB100 |
Issuing Rate |
To be decided by results of bookkeeping |
Underwriter |
ICBC |
Underwriting Mode |
Standby underwriting |
Issuing Mode |
Bookkeeping |
Issuing Date |
Nov. 19-20, 2015 |
Value Date |
Nov. 23, 2015 |
Payment Date |
Nov. 23, 2015 |
Circulation Date |
Nov. 24, 2015 |
Maturity Date |
May 28, 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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