Markets > Bonds

Chem China to issue RMB 2.5 bln 5Y notes Apr. 20

BEIJING
2015-04-13 10:57

Already collect

Chem China Co. of China announced Monday that it would issue 5 billion yuan worth of 5-year notes on April 20.

The money raised will be used to repay bank loans.

The details for the notes issue are as follows:

Issuer (full name)

Chem China Co.

Guarantee

Unsecured

Registered amount

RMB 50 bln

Offering amount

RMB 5 bln

Term

5Y

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriters

China CITIC Bank; ICBC

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Apr. 20, 2015

Value Date

Apr. 22, 2015

Payment Date

Apr. 22, 2015

Circulation Date

Apr. 23, 2015

Maturity Date

Apr. 22, 2020

Issuer Rating

AAA

Interest accrue mode

Single interest

Rating

AA

Rating Agency

China Lianhe Credit Rating Co., Ltd.

Add comments

Latest comments

Latest News
News Most Viewed