Apr. 26, 2012 (China Knowledge) - Guizhou
Chitianhua Group Co, the controller of Guizhou
Chitianhua Co Ltd<600227
>, has announced that it plans to issue RMB 800 million worth of unsecured medium-term notes with a maturity of five years on the interbank market on May 3.
The group 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 4, and the to-be-issued notes are tradable on May 7. Shanghai
Brilliance Credit Rating & Investors Service Co Ltd has rated the issuer and notes AA and AA, respectively.
Bank of Shanghai
Pudong Development Bank<600000
> have been hired as joint lead underwriters for the offering.