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Zhangjiakou Tongtai Holding to issue RMB 3 bln MTN

Jun. 19, 2012 (China Knowledge) - Zhangjiakou Tongtai Holding Group has said that it plans to issue RMB 3 billion worth of unsecured medium-term notes with a maturity of five years on the interbank market on Jun. 26.

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. 28 and the to-be-issued notes tradable on Jun. 29.

Shanghai Brilliance Credit Rating & Investors Service Co Ltd has rated the issuer and notes AA and AA, respectively.
Shanghai Pudong Development Bank<600000> has been hired as book-runner and lead underwriter for the offering, and Industrial Bank Co Ltd<601166> will be joint lead underwriter.

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