Markets > Bonds

CUCC to issue RMB1.5bln 90D bills Nov. 25

BEIJING
2015-11-24 10:16

Already collect

CUCC Co. of China announced Tuesday that it would issue 1.5 billion yuan worth of 90-day bills on November 25.

The money raised will be used to repay bank loans.

The details for the bills issue are as follows:

Issuer (full name)

CUCC Co.

Guarantee

Unsecured

Registered amount

RMB 12 bln

Offering amount

RMB 1.5 bln

Term

90D

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. 25, 2015

Value Date

Nov. 26, 2015

Payment Date

Nov. 26, 2015

Circulation Date

Nov. 27, 2015

Maturity Date

Feb. 24, 2016

Issuer Rating

AA+

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

Dagong Global Credit Rating Co., Ltd.

 

Add comments

Latest comments

Latest News
News Most Viewed