Guangxi Construction Engineering Group Co. of China announced Monday that it would issue 600 million yuan worth of 270-day bills on January 5.
The money raised will be used to repay bank loans.
The details for the bills issue are as follows:
Issuer (full name) |
Guangxi Construction Engineering Group Co. |
Guarantee |
unsecured |
Registered amount |
RMB 5 bln |
Offering amount |
RMB 600 mln |
Term |
270D |
Par Value |
RMB100 |
Issuing Rate |
To be decided by results of bookkeeping |
Underwriter |
China Everbright Bank |
Underwriting Mode |
Standby underwriting |
Issuing Mode |
Bookkeeping |
Issuing Date |
Jan. 5, 2016 |
Value Date |
Jan. 6, 2016 |
Payment Date |
Jan. 6, 2016 |
Circulation Date |
Jan. 7, 2016 |
Maturity Date |
Oct. 2, 2017 |
Issuer Rating |
AA |
Interest accrue mode |
Single interest |
Rating |
A-1 |
Rating Agency |
Dagong Global Credit Rating Co., Ltd. |
Latest comments