Markets > Bonds

Air China to issue RMB1bln 88D bills Dec. 10-11

BEIJING
2015-12-09 11:04

Already collect

Air China Co. of China announced Wednesday that it would issue 1 billion yuan worth of 8-day bills from December 10 to December 11.

The money raised will be used to replenish operating capital.

The details for the bills issue are as follows:

Issuer (full name)

Air China Co.

Guarantee

unsecured

Registered amount

RMB 8 bln

Offering amount

RMB 1 bln

Term

88D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriter

China Merchants Bank

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Dec. 10-11, 2015

Value Date

Dec. 14, 2015

Payment Date

Dec. 14, 2015

Circulation Date

Dec. 15, 2015

Maturity Date

Mar. 11, 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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