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


 
Financial Market
 Search News  Or
China CNR to issue RMB 2 bln bills

Jul. 25, 2012 (China Knowledge) - China CNR Corp<601299>, one of China’s two leading train manufacturers, announced that it plans to issue RMB 2 billion in super short-term bills with a maturity of 270 days in the interbank market on July 26.

The train manufacturer said in a statement 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 is set on July 27, and the to-be-issued bills tradable July 30.

All the proceeds will be used to repay bank loans, said the issuer.

China Chengxin International Credit Rating Co Ltd has rated the issuer AAA.

Bank of China (BOC) <601988><3988> has been assigned as lead underwriter and bookruner. Industrial Bank Co Ltd<601166> will be joint lead underwriter for the offering.

This will be the issuer's first super short-term bill this year.







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