Markets > Bonds

Longyuan Power to issue RMB2bln 14D bills Dec. 29

BEIJING
2015-12-28 10:17

Already collect

Longyuan Power Co. of China announced Monday that it would issue 2 billion yuan worth of 14-day bills on December 29.

The money raised will be used to replenish operating capital.

The details for the bills issue are as follows:

Issuer (full name)

Longyuan Power Co.

Guarantee

unsecured

Registered amount

RMB 12 bln

Offering amount

RMB 2 bln

Term

14D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriter

China Construction Bank

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Dec. 29, 2015

Value Date

Dec. 30, 2015

Payment Date

Dec. 30, 2015

Circulation Date

Dec. 31, 2015

Maturity Date

Jan. 13, 2016

Issuer Rating

AAA

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

Dagong Global Credit Rating Co., Ltd.

 

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