Yangquan Coal Industry Group Co. of China announced Monday that it would issue 2 billion yuan worth of 5-year notes on June 1.
The money raised will be used to replenish operating capital.
The details for the notes issue are as follows:
|
Issuer (full name) |
Yangquan Coal Industry Group Co. |
|
Guarantee |
Unsecured |
|
Registered amount |
RMB 2 bln |
|
Offering amount |
RMB 2 bln |
|
Term |
5Y |
|
Par Value |
RMB100 |
|
Issuing Rate |
To be decided by results of bookkeeping |
|
Underwriters |
China Minsheng Banking |
|
Underwriting Mode |
Standby underwriting |
|
Issuing Mode |
Bookkeeping |
|
Issuing Date |
Jun. 1, 2015 |
|
Value Date |
Jun. 2, 2015 |
|
Payment Date |
Jun. 2, 2015 |
|
Circulation Date |
Jun. 3, 2015 |
|
Maturity Date |
Jun. 2, 2020 |
|
Issuer Rating |
AAA |
|
Interest accrue mode |
Single interest |
|
Rating |
AAA |
|
Rating Agency |
Dagong Global Credit Rating Co., Ltd. |



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