May. 23, 2012 (China Knowledge) - Handan
Communication Construction Co has announced that it plans to issue RMB 600 million worth of unsecured medium-term notes with a maturity of five years on the interbank market on May. 30.
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 31, and the to-be-issued notes tradable on Jun. 1.
China Lianhe Credit Rating Co Ltd has rated the issuer and notes AA and AA, respectively.
Bank of China Ltd<601988
> has been hired as book-runner and lead underwriter for the offering.