Chinalco Co. of China announced Monday that it would issue 3 billion yuan worth of 270-day bills from December 22 to December 23.
The money raised will be used to repay bank loans and replenish operating capital.
The details for the bills issue are as follows:
|
Issuer (full name) |
Chinalco Co. |
|
Guarantee |
unsecured |
|
Registered amount |
RMB 45 bln |
|
Offering amount |
RMB 3 mln |
|
Term |
270D |
|
Par Value |
RMB100 |
|
Issuing Rate |
To be decided by results of bookkeeping |
|
Underwriters |
Bank of Shanghai; Beijing Rural Commercial Bank |
|
Underwriting Mode |
Standby underwriting |
|
Issuing Mode |
Bookkeeping |
|
Issuing Date |
Dec. 22-23, 2015 |
|
Value Date |
Dec. 24, 2015 |
|
Payment Date |
Dec. 24, 2015 |
|
Circulation Date |
Dec. 25, 2015 |
|
Maturity Date |
Sept. 19, 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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