Markets > Bonds

Overseas Chinese Town Enterprises to issue RMB 3 bln 5Y notes May 27

BEIJING
2015-05-20 10:23

Already collect

Overseas Chinese Town Enterprises Co. of China announced Wednesday that it would issue 3 billion yuan worth of 5-year notes on May 27.

The money raised will be used to replenish operating capital.

The details for the notes issue are as follows:

Issuer (full name)

Overseas Chinese Town Enterprises Co.

Guarantee

Unsecured

Registered amount

RMB 6 bln

Offering amount

RMB 3 bln

Term

5Y

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriters

ICBC; China Merchants Bank

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

May 27, 2015

Value Date

May 28, 2015

Payment Date

May 28, 2015

Circulation Date

May 29, 2015

Maturity Date

May 28, 2020

Issuer Rating

AAA

Interest accrue mode

Single interest

Rating

AAA

Rating Agency

China Lianhe Credit Rating Co., Ltd.

 

Add comments

Latest comments

Latest News
News Most Viewed