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

Financial Market
 Search News  Or
Shagang Group to issue RMB 2.3 bln bills

Aug. 29, 2012 (China Knowledge) - Jiangsu Shagang Group Co, China's largest privately-owned steelmaker, has said today that it will issue RMB 2.3 billion in unsecured bills with a maturity of 365 days on the interbank market on Sep. 5.

The company said that the bills will be issued at face value, and the coupon rate determined in the process of book-building.

Both value and payment due date will be on Sep. 6, and the to-be-issued bills  tradable on Sep. 7.

Dagong Global Credit Rating Co Ltd has rated the issuer and bills AA+ and A-1, respectively.
Industrial and Commercial Bank of China<601398><1398> has been assigned as book-runner and lead underwriter for the offering, and Shanghai Pudong Development Bank<600000> will be joint lead underwriter.
This will be the first short-term bills issued by the company 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