Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Financial Market
 Search News  Or
Hubei Xingfa Chemicals Group to issue RMB 200 mln in bills

Jul. 19, 2012 (China Knowledge) - Hubei Xingfa Chemicals Group Co<600141> said that it will issue RMB 200 million in unsecured bills with a maturity of 365 days on the interbank market on Jul. 24, 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. 26, and the to-be-issued bills are tradable on Jul. 7.

China Chengxin International Credit Rating Co Ltd has rated the issuer and bills AA- and A-1, respectively.
 
China Merchants Bank<600036><3968> has been assigned as book-runner and lead underwriter for the offering.
 
This will be the first short-term bills issued by the company this year.
 
In the first quarter of this year, the company's net profit rose 70.93% YoY to RMB 65.60 million and its core business revenue grew 53.65% to RMB 2.11 billion.







Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

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

 E-Store

 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