Markets > Bonds

Wengfu Group to issue RMB500mln 270D bills Dec. 10

BEIJING
2015-12-09 10:41

Already collect

Wengfu Group Co. of China announced Wednesday that it would issue 500 million yuan worth of 270-day bills on December 10.

The money raised will be used to repay bank loans.

The details for the bills issue are as follows:

Issuer (full name)

Wengfu Group Co.

Guarantee

unsecured

Registered amount

RMB 2 bln

Offering amount

RMB 500 mln

Term

270D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriter

China Minsheng Banking

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Dec. 10, 2015

Value Date

Dec. 11, 2015

Payment Date

Dec. 11, 2015

Circulation Date

Dec. 14, 2015

Maturity Date

Sept. 6, 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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