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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