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Guangdong Airport Management to issue RMB 480 bln in MTN

Mar. 8, 2012 (China Knowledge) - Guangdong Airport Management Corp, the operator of Guangzhou Baiyun International Airport<600004>, has said that it will issue RMB 480 million worth of unsecured medium-term notes with a maturity of five years on Mar. 13.

The company said in a statement that the notes will be issued at face value, and the coupon rate be determined during the process of book building.

Both value date and payment due date is Mar. 14, and the to-be-issued notes tradable on Mar. 15.
 
Dagong Global Credit Rating Co Ltd has rated the issuer and notes AAA and AAA, respectively.
 
Bank of China Ltd<601988><3988> has been hired as lead underwriter and China CITIC Bank Corp<601998><0998> will be joint lead underwriter.






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