Markets > Bonds

China Telecom to issue RMB10bln 60D bills Dec. 25

BEIJING
2015-12-24 10:41

Already collect

China Telecom Co. of China announced Thursday that it would issue 10 billion yuan worth of 60-day bills on December 25.

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 Telecom Co.

Guarantee

unsecured

Registered amount

RMB 50 bln

Offering amount

RMB 10 bln

Term

60D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriters

ICBC; China CITIC Bank

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Dec. 25, 2015

Value Date

Dec. 28, 2015

Payment Date

Dec. 28, 2015

Circulation Date

Dec. 29, 2015

Maturity Date

Feb. 26, 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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