China Jinggong Group Co. of China announced Tuesday that it would issue 1 billion yuan worth of 270-day bills from December 2 to December 2.
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) |
China Jinggong Group Co. |
Guarantee |
Unsecured |
Registered amount |
RMB 5 bln |
Offering amount |
RMB 1 bln |
Term |
270D |
Par Value |
RMB100 |
Issuing Rate |
To be decided by results of bookkeeping |
Underwriters |
China Everbright Bank; Industrial Bank Co. Ltd. |
Underwriting Mode |
Standby underwriting |
Issuing Mode |
Bookkeeping |
Issuing Date |
Dec. 2, 2015 |
Value Date |
Dec. 3, 2015 |
Payment Date |
Dec. 3, 2015 |
Circulation Date |
Dec. 4, 2015 |
Maturity Date |
Aug. 29, 2016 |
Issuer Rating |
AA |
Interest accrue mode |
Single interest |
Rating |
A-1 |
Rating Agency |
Dagong Global Credit Rating Co., Ltd. |
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