Liaoning Chengda Co. of China announced Wednesday that it would issue 900 million yuan worth of 266-day bills on January 7.
The money raised will be used to replenish operating capital.
The details for the bills issue are as follows:
Issuer (full name) |
Liaoning Chengda Co. |
Guarantee |
unsecured |
Registered amount |
RMB 3 bln |
Offering amount |
RMB 900 mln |
Term |
266D |
Par Value |
RMB100 |
Issuing Rate |
To be decided by results of bookkeeping |
Underwriters |
China Merchants Bank; Bank of China |
Underwriting Mode |
Standby underwriting |
Issuing Mode |
Bookkeeping |
Issuing Date |
Jan. 7, 2016 |
Value Date |
Jan. 8, 2016 |
Payment Date |
Jan. 8, 2016 |
Circulation Date |
Jan. 11, 2016 |
Maturity Date |
Sept. 30, 2016 |
Issuer Rating |
AA |
Interest accrue mode |
Single interest |
Rating |
A-1 |
Rating Agency |
China Lianhe Credit Rating Co., Ltd. |
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