Aug. 21, 2012 (China Knowledge) - Dujiangyan Xingshi Investment Co has said today that it plans to issue RMB 500 million worth of unsecured medium-term notes with a maturity of five years on the interbank market on Aug. 24.
The company said in a statement that the notes will be issued at face value and coupon rate be determined in the process of book-building.
Both value and payment due date is on Aug. 28 and the to-be-issued notes tradable Aug. 29.
Dagong Global Credit Rating Co Ltd has rated the issuer and notes AA and AA, respectively.
Shanghai Pudong Development Bank<600000
> has been hired as book-runner and lead underwriter for the deal.
This will be the second medium-term notes issued by the company this year.