Markets > Bonds

Kunming Steel Holding to issue RMB 1.5 bln 366D bills May 11

BEIJING
2015-05-04 14:37

Already collect

Kunming Steel Holding Co. of China announced Monday that it would issue 1.5 billion yuan worth of 366-day bills on May 11.

The money raised will be used to replenish operating capital and repay bank loans.

The details for the bills issue are as follows:

Issuer (full name)

Kunming Steel Holding Co.

Guarantee

Unsecured

Registered amount

RMB 2.5 bln

Offering amount

RMB 1.5 mln

Term

366D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriters

China Merchants Bank; SPD Bank

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

May 11, 2015

Value Date

May 12, 2015

Payment Date

May 12, 2015

Circulation Date

May 13, 2015

Maturity Date

May 12, 2016

Issuer Rating

AA+

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

China Lianhe Credit Rating Co., Ltd.

 

Add comments

Latest comments

Latest News
News Most Viewed