China Datang Co. of China announced Monday that it would issue 5 billion yuan worth of 210-day bills on April 14.
The money raised will be used to replenish operating capita and repay bank loans.
The details for the bills issue are as follows:
Issuer (full name) |
China Datang Co. |
Guarantee |
Unsecured |
Registered amount |
RMB 50 bln |
Offering amount |
RMB 5 bln |
Term |
210D |
Par Value |
RMB100 |
Issuing Rate |
To be decided by results of bookkeeping |
Underwriters |
Bank of China; SPD Bank |
Underwriting Mode |
Standby underwriting |
Issuing Mode |
Bookkeeping |
Issuing Date |
Apr. 14, 2015 |
Value Date |
Apr. 16, 2015 |
Payment Date |
Apr. 16, 2015 |
Circulation Date |
Apr. 17, 2015 |
Maturity Date |
Nov. 12, 2015 |
Issuer Rating |
AAA |
Interest accrue mode |
Single interest |
Rating |
AA |
Rating Agency |
Dagong Global Credit Rating Co., Ltd. |
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