Markets > Bonds

Shandong Hi-speed to issue RMB1.2bln 270D bills Jan. 13

BEIJING
2016-01-12 14:39

Already collect

Shandong Hi-speed Co. of China announced Tuesday that it would issue 1.2 billion yuan worth of 270-day bills on January 13.

The money raised will be used to replenish operating capital and repay bank loans.

The details for the bills issue are as follows:

Issuer (full name)

Shandong Hi-speed Co.

Guarantee

unsecured

Registered amount

RMB 8.5 bln

Offering amount

RMB 1.2 bln

Term

270D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriters

Agricultural Bank of China; ICBC

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

Oct. 10, 2016

Issuer Rating

AAA

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

China Chengxin International Credit Rating Co. Ltd.

 

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