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

Financial Market
 Search News  Or
Anhui Expressway Holding Group to issue RMB 1 bln notes

Aug. 2, 2012 (China Knowledge) - Anhui Expressway Holding Group Co has said that it plans to issue RMB 1 billion worth of unsecured medium-term notes with a maturity of five years on the interbank market on Aug. 9.

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 on Aug. 10 and the to-be-issued notes tradable on Aug. 13.

Dagong Global Credit Rating Co Ltd has rated the issuer and notes AAA and AAA, respectively.
China Development Bank has been hired as book-runner and lead underwriter for the offering, and China Merchants Bank<600036><3968> will be co-lead underwriter.
The company plans to use RMB 500 million of the proceeds to repay bank loans and the remaining RMB 500 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