Air China Co. of China announced Thursday that it would issue 7 billion yuan worth of 3-year notes on December 17.
The money raised will be used to replenish operating capital.
The details for the notes issue are as follows:
Issuer (full name) |
Air China Co. |
Guarantee |
unsecured |
Registered amount |
RMB 7 bln |
Offering amount |
RMB 7 bln |
Term |
3Y |
Par Value |
RMB100 |
Issuing Rate |
To be decided by results of bookkeeping |
Underwriters |
China Merchants Bank; China Minsheng Banking |
Underwriting Mode |
Standby underwriting |
Issuing Mode |
Bookkeeping |
Issuing Date |
Dec. 17, 2015 |
Value Date |
Dec. 21, 2015 |
Payment Date |
Dec. 21, 2015 |
Circulation Date |
Dec. 22, 2015 |
Maturity Date |
Dec. 21, 2018 |
Issuer Rating |
AAA |
Interest accrue mode |
Single interest |
Rating |
AAA |
Rating Agency |
Dagong Global Credit Rating Co., Ltd. |
Latest comments