Jiangsu Communication Holding Co. of China announced Monday that it would issue 3 billion yuan worth of 180-day bills on January 5.
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) |
Jiangsu Communication Holding Co. |
Guarantee |
unsecured |
Registered amount |
RMB 20 bln |
Offering amount |
RMB 3 bln |
Term |
180D |
Par Value |
RMB100 |
Issuing Rate |
To be decided by results of bookkeeping |
Underwriters |
ICBC; Agricultural Bank of China |
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 |
Jul. 4, 2016 |
Issuer Rating |
AAA |
Interest accrue mode |
Single interest |
Rating |
A-1 |
Rating Agency |
Shanghai Brilliance Credit Rating & Investors Service Co., Ltd. |
Latest comments