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

Company - Domestic
 Search News  Or
Guangxi Nonferrous Metals to issue RMB 1.3 bln MTN

Jun. 5, 2012 (China Knowledge) - Guangxi Nonferrous Metals Group Co announced today that it plans to issue RMB 1.3 billion worth of unsecured medium-term notes with a maturity of three years on the interbank market on Jun. 12.

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 Jun. 13, and the to-be-issued notes tradable on Jun. 14.

Dagong Global Credit Rating Co Ltd has rated the issuer and notes AA and AA, respectively.

China Development Bank has been hired as book-runner and lead underwriter for the offering, and China CITIC Bank Corp<601998><0998> will be joint lead underwriter.
The company plans to use RMB 1.2 billion of the proceeds to repay bank loans and the remaining RMB 100 million to replenish its working capital.

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