Beijing Yinjian Investment Co. of China announced Friday that it would issue 350 million yuan worth of 365-day bills from April 22 to April 23.
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) |
Beijing Yinjian Investment Co. |
|
Guarantee |
Unsecured |
|
Registered amount |
RMB 700 mln |
|
Offering amount |
RMB 350 mln |
|
Term |
365D |
|
Par Value |
RMB100 |
|
Issuing Rate |
To be decided by results of bookkeeping |
|
Underwriters |
Bank of Beijing; China GF Bank |
|
Underwriting Mode |
Standby underwriting |
|
Issuing Mode |
Bookkeeping |
|
Issuing Date |
Apr. 22-23, 2015 |
|
Value Date |
Apr. 24, 2015 |
|
Payment Date |
Apr. 24, 2015 |
|
Circulation Date |
Apr. 27, 2015 |
|
Maturity Date |
Apr. 23, 2016 |
|
Issuer Rating |
AA |
|
Interest accrue mode |
Single interest |
|
Rating |
A-1 |
|
Rating Agency |
China Chengxin International Credit Rating Co. Ltd. |



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