May. 9, 2012 (China Knowledge) - Sichuan Tuopai Shede Group Co, the controlling shareholder of Sichuan Tuopai Shede Wine Co<600702>, announced that it plans to issue RMB 500 million worth of unsecured medium-term notes with a maturity of five years on the interbank market on May 16.

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

Both value date and payment due date is May 18, and the to-be-issued notes are tradable on May 21.

Shanghai Brilliance Credit Rating & Investors Service Co Ltd has rated the issuer and notes AA- and AA-, respectively.

Bank of Shanghai has been hired as book-runner and lead underwriter for the offering.