Markets > Bonds

Jinagsu Communication Holding to issue RMB 3 bln 90D bills Apr. 17

BEIJING
2015-04-16 10:54

Already collect

Jinagsu Communication Holding Co. of China announced Thursday that it would issue 3 billion yuan worth of 90-day bills on April 17.

The money raised will be used to repay debts owed to financial institutions.

The details for the bills issue are as follows:

Issuer (full name)

Jinagsu Communication Holding Co.

Guarantee

Unsecured

Registered amount

RMB 20 bln

Offering amount

RMB 3 bln

Term

90D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriters

ICBC; Bank of Communications

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Apr. 17, 2015

Value Date

Apr. 21, 2015

Payment Date

Apr. 22, 2015

Circulation Date

Apr. 23, 2015

Maturity Date

Jul. 20, 2015

Issuer Rating

AAA

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

China Credit Rating Co. Ltd.

 

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