Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

Financial Market
 Search News  Or
Tieling Public Assets Inv't issuing RMB 1.2 bln bonds

May. 30, 2012 (China Knowledge) - Tieling Public Assets Investment and Management Co Ltd is issuing RMB 1.2 billion unsecured bonds with a maturity of six years on the interbank market from May 29 to May 31, sources reported.

Coupon rate will be 7.34%. Both value date and payment due date is set on May 29.

Proceeds from the issue will be used to repay bank loans and replenish working capital, said the issuer.

China Lianhe Credit Rating Co Ltd has rated the issuer and bonds AA and AA, respectively.

China Investment Securities and Guangzhou Securities Co have been assigned as the joint lead underwriters. Tebon Securities Co and GF Securities Co Ltd<000776> are the deputy lead underwriters. The distributors include Minsheng Securities, Sinolink Securities Co Ltd<600109> and Cinda Securities.

As of Dec. 31, 2011, the issuer had RMB 40.47 billion in total assets and RMB 26.84 billion in total liabilities.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved