Markets > Bonds

GD Power Development to issue RMB 2.5 bln 268D bills Apr. 13

BEIJING
2015-04-10 11:12

Already collect

GD Power Development Co. of China announced Friday that it would issue 2 billion yuan worth of 268-day bills on April 13.

The money raised will be used to replenish operating capital.

The details for the bills issue are as follows:

Issuer (full name)

GD Power Development Co.

Guarantee

unsecured

Registered amount

RMB 26 bln

Offering amount

RMB 2.5 bln

Term

268D

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

Apr. 13, 2015

Value Date

Apr. 15, 2015

Payment Date

Apr. 15, 2015

Circulation Date

Apr. 16, 2015

Maturity Date

Jan. 8, 2016

Issuer Rating

AAA

Interest accrue mode

Single interest

Rating

AA

Rating Agency

Dagong Global Credit Rating Co., Ltd.

 

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