Yongcheng Coal Power Holding Co. of China announced Tuesday that it would issue 3 billion yuan worth of 365-year bills on April 1.
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) |
Yongcheng Coal Power Holding |
|
Guarantee |
unsecured |
|
Registered amount |
RMB 7 bln |
|
Offering amount |
RMB 3 bln |
|
Term |
365D |
|
Par Value |
RMB100 |
|
Issuing Rate |
To be decided by results of bookkeeping |
|
Underwriters |
China CITIC Bank; Bank of Communications |
|
Underwriting Mode |
Standby underwriting |
|
Issuing Mode |
Bookkeeping |
|
Issuing Date |
Apr. 1, 2015 |
|
Value Date |
Apr. 3, 2015 |
|
Payment Date |
Apr. 3, 2015 |
|
Circulation Date |
Apr. 7, 2015 |
|
Maturity Date |
Apr. 2, 2016 |
|
Issuer Rating |
AAA |
|
Interest accrue mode |
Single interest |
|
Rating |
A-1 |
|
Rating Agency |
China Chengxin International Credit Rating Co. Ltd. |
Latest comments