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

Financial Market
 Search News  Or
Beijing Infrastructure Invt to issue RMB 2 bln bills

Aug. 6, 2012 (China Knowledge) - Beijing Infrastructure Investment Co Ltd, announced that it plans to issue RMB 2 billion worth of short-term bills with a maturity of 365 days on the interbank market on Aug 9.

The company 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 Aug 10, and the to-be-issued bills tradable Aug 13.

RMB 1 billion of the proceeds will be used to replenish working capital, while the remaining RMB 1 billion will be used to repay bank loans, said the issuer.

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

China Construction Bank Corp or CCB<601939><0939> has been assigned as the lead underwriter and bookrunner for the offering.

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

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