Markets > Bonds

Sinochem to issue RMB3bln 58D bills Jan. 13

BEIJING
2016-01-12 14:18

Already collect

Sinochem Co. of China announced Tuesday that it would issue 3 billion yuan worth of 58-day bills on January 13.

The money raised will be used to replenish operating capital.

The details for the bills issue are as follows:

Issuer (full name)

Sinochem Co.

Guarantee

unsecured

Registered amount

RMB 20 bln

Offering amount

RMB 3 bln

Term

58D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriters

Agricultural Bank of China; China Construction Bank

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Jan. 13, 2016

Value Date

Jan. 14, 2016

Payment Date

Jan. 14, 2016

Circulation Date

Jan. 15, 2016

Maturity Date

Mar. 12, 2016

Issuer Rating

AAA

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

China Chengxin International Credit Rating Co. Ltd.

 

Add comments

Latest comments

Latest News
News Most Viewed