Aug. 28, 2012 (China Knowledge) - Beijing Infrastructure Investment Co has said today that that it plans to issue RMB 2 billion worth of unsecured medium-term notes with a maturity of five years on the interbank market on Sep. 4.

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

Both value and payment due date is on Sep. 5 and the to-be-issued notes tradable on Sep. 6.

China Chengxin International Credit Rating Co Ltd has rated the issuer and notes AAA and AAA, respectively.

Industrial and Commercial Bank of China<601398><1398> has been hired as book-runner and lead underwriter for the offering, and Bank of Beijing Co Ltd <601169> will be joint lead underwriter.
 
This will be the first medium-term notes issued by the company this year.