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


 
Financial Market
 Search News  Or
China Electronics Corp to issue RMB 2 bln notes

Aug. 7, 2012 (China Knowledge) - China Electronics Corp, a large state-owned IT group, said today that it plans to issue RMB 2 billion worth of unsecured medium-term notes with a maturity of five years on the interbank market on Aug. 10.

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. 13 and the to-be-issued notes tradable on Aug. 14.

Dagong Global Credit Rating Co Ltd has rated the issuer and notes AAA and AAA, respectively.
 
Bank of China Ltd<601988><3988> has been hired as book-runner and lead underwriter for the offering, and Bank of Beijing Co Ltd <601169> will be joint lead underwriter.

This is the first medium-term notes 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