Jinchuan Group Co. of China announced Monday that it would issue 500 million yuan worth of 3-year notes on April 27.
The money raised will be used to replenish operating capital and repay bank loans.
The details for the notes issue are as follows:
Issuer (full name) |
Jinchuan Group Co. |
Guarantee |
Unsecured |
Registered amount |
RMB 3 bln |
Offering amount |
RMB 500 mln |
Term |
3Y |
Par Value |
RMB100 |
Issuing Rate |
To be decided by results of bookkeeping |
Underwriters |
Bank of China; China Minsheng Banking |
Underwriting Mode |
Standby underwriting |
Issuing Mode |
Bookkeeping |
Issuing Date |
Apr. 27, 2015 |
Value Date |
Apr. 29, 2015 |
Payment Date |
Apr. 29, 2015 |
Circulation Date |
Apr. 30, 2015 |
Maturity Date |
Apr. 29, 2018 |
Issuer Rating |
AAA |
Interest accrue mode |
Single interest |
Rating |
AAA |
Rating Agency |
Dagong Global Credit Rating Co., Ltd |
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