Markets > Bonds

Longyuan Power to issue RMB 2 bln 247D bill May 19

BEIJING
2015-05-18 14:44

Already collect

Longyuan Power Co. of China announced Monday that it would issue 2 billion yuan worth of 247-day bills on May 19.

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)

Longyuan Power Co.

Guarantee

Unsecured

Registered amount

RMB 20 bln

Offering amount

RMB 2 bln

Term

247D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriters

Agricultural Bank of China; CITIC Securities Co.

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

May 19, 2015

Value Date

May 20, 2015

Payment Date

May 20, 2015

Circulation Date

May 21, 2015

Maturity Date

Jan. 22, 2016

Issuer Rating

AAA

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

Dagong Global Credit Rating Co., Ltd.

 

Add comments

Latest comments

Latest News
News Most Viewed