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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