Markets > Bonds

Hiteker to issue RMB600mln 240D bills Dec. 31-Jan. 4

BEIJING
2015-12-30 10:54

Already collect

Hiteker Co. of China announced Wednesday that it would issue 600 million yuan worth of 240-day bills from December 31 to January 4.

The money raised will be used to repay debts owed to financial institutions.

The details for the bills issue are as follows:

Issuer (full name)

Hiteker Co.

Guarantee

unsecured

Registered amount

RMB 600 mln

Offering amount

RMB 600 mln

Term

240D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriter

China CITIC Bank

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Dec. 31-Jan.4, 2015

Value Date

Jan. 5, 2016

Payment Date

Jan. 5, 2016

Circulation Date

Jan. 6, 2016

Maturity Date

Sept. 1, 2016

Issuer Rating

AA

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

China Chengxin International Credit Rating Co. Ltd.

 

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