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


 
Financial Market
 Search News  Or
Shenhua Group to issue RMB 3 bln in 270 day bills

Aug. 3, 2012 (China Knowledge) - Shenhua Group, the parent company of China Shenhua Energy Co Ltd<601088><1088>, announced today that it plans to issue RMB 3 billion in super short-term bills with a maturity of 270 days on the interbank market on Aug. 6.

According to a statement, the power company said that the bills will be issued at 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 Aug. 7 and the to-be-issued bills tradable on Aug. 8.

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

Industrial Bank Co Ltd<601166> has been assigned as lead underwriter and book-runner, and China CITIC Bank Corp<601998><0998> will be the joint lead underwriter for the offering.
 
Proceeds from the deal will be used to replenish the company’s working capital.

This will be the third super short-term bills issued by the company 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