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

Financial Market
 Search News  Or
WISCO to issue RMB 4.5 bln bills

Jul. 5, 2012 (China Knowledge) - Wuhan Iron and Steel (Group) Corp or WISCO, one of the leading iron and steel makers in China, will issue RMB 4.5 billion in unsecured bills with a maturity of 365 days on the interbank market on Jul. 10, sources reported.

The company said that the bills will be issued at the face value, and the coupon rate will be determined in the process of book-building.

Both value date and payment due date will be Jul. 11, and the to-be-issued bills are tradable on Jul. 12.

China Chengxin International Credit Rating Co Ltd has rated the issuer and bills AAA and A-1, respectively.

China Development Bank has been assigned as lead underwriter and book-runner for the bill offering.

In a separate statement, the steel maker said that it plans to issue RMB 3 billion in three-year medium-term notes on Jul. 10. Industrial and Commercial Bank of China<601398><1398> will be lead underwriter and book-runner for the offering, and Shanghai Pudong Development Bank<600000> will be joint lead underwriter.

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