Markets > Bonds

Guangxi Investment Group to issue RMB1bln 240D bills Jan. 21

BEIJING
2016-01-20 10:53

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Guangxi Investment Group Co. of China announced Wednesday that it would issue 1 billion yuan worth of 240-day bills on January 21.

The money raised will be used to replenish operating capital.

The details for the bills issue are as follows:

Issuer (full name)

Guangxi Investment Group Co.

Guarantee

unsecured

Registered amount

RMB 5 bln

Offering amount

RMB 1 bln

Term

240D

Par Value

RMB100

Issuing Rate

To be decided by results of bookkeeping

Underwriter

Agricultural Bank of China; China Development Bank

Underwriting Mode

Standby underwriting

Issuing Mode

Bookkeeping

Issuing Date

Jan. 21, 2016

Value Date

Jan. 22, 2016

Payment Date

Jan. 22, 2016

Circulation Date

Jan. 25, 2016

Maturity Date

Sept. 18, 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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