Markets > Bonds

Tri-Ring Group to issue RMB 500 mln 366D bills Apr. 23

BEIJING
2015-04-16 14:44

Already collect

Tri-Ring Group Co. of China announced Thursday that it would issue 500 million yuan worth of 366-day bills on April 23.

The money raised will be used to repay bank loans.

The details for the bills issue are as follows:

Issuer (full name)

Tri-Ring Group Co.

Guarantee

Unsecured

Registered amount

RMB 2 bln

Offering amount

RMB 500 mln

Term

366D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriters

Agricultural Bank of China; China CITIC Bank

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Apr. 23, 2015

Value Date

Apr. 27, 2015

Payment Date

Apr. 27, 2015

Circulation Date

Apr. 28, 2015

Maturity Date

Apr. 27, 2016

Issuer Rating

AA

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

Shanghai Brilliance Credit Rating & Investors Service Co., Ltd.

 

Add comments

Latest comments

Latest News
News Most Viewed