Markets > Bonds

China Gas Investment to issue RMB1.3bln 365D bills Nov. 30

BEIJING
2015-11-25 10:38

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China Gas Investment Co. of China announced Wednesday that it would issue 1.3 billion yuan worth of 365-day bills on November 30.

The money raised will be used to repay bank loans,

The details for the bills issue are as follows:

Issuer (full name)

China Gas Investment Co.

Guarantee

Unsecured

Registered amount

RMB 2.3 bln

Offering amount

RMB 1.3 bln

Term

365D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriters

China Development Bank; Bank of Communications

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Nov. 30, 2015

Value Date

Dec. 1, 2015

Payment Date

Dec. 1, 2015

Circulation Date

Dec. 2, 2015

Maturity Date

Nov. 30, 2016

Issuer Rating

AAA

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

China Chengxin International Credit Rating Co. Ltd.

 

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