Huayuan China Co. of China announced Wednesday that it would issue 500 million yuan worth of 365-day bills on April 7.
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) |
Huayuan China Co. |
Guarantee |
unsecured |
Registered amount |
RMB 1 bln |
Offering amount |
RMB 500 mln |
Term |
365D |
Par Value |
RMB100 |
Issuing Rate |
To be decided by results of bookkeeping |
Underwriter |
Agricultural Bank of China |
Underwriting Mode |
Standby underwriting |
Issuing Mode |
Bookkeeping |
Issuing Date |
Apr. 7, 2015 |
Value Date |
Apr. 9, 2015 |
Payment Date |
Apr. 9, 2015 |
Circulation Date |
Apr. 10, 2015 |
Maturity Date |
Apr. 8, 2016 |
Issuer Rating |
AA |
Interest accrue mode |
Single interest |
Rating |
A-1 |
Rating Agency |
China Lianhe Credit Rating Co., Ltd. |
Latest comments