Markets > Bonds

Hengtong Group to issue RMB700mln 180D bills Jan. 15

BEIJING
2016-01-14 14:41

Already collect

Hengtong Group Co. of China announced Thursday that it would issue 700 million yuan worth of 180-day bills on January 15.

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)

Hengtong Group Co.

Guarantee

unsecured

Registered amount

RMB 3 bln

Offering amount

RMB 700 mln

Term

180D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriter

ICBC

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Jan. 15, 2016

Value Date

Jan. 18, 2016

Payment Date

Jan. 18, 2016

Circulation Date

Jan. 19, 2016

Maturity Date

Jul. 13, 2016

Issuer Rating

AA+

Interest accrue mode

Single interest

Rating

A-1

Rating Agency

China Chengxin International Credit Rating Co. Ltd.

 

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