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

Financial Market
 Search News  Or
Jiangsu Communication Holding to issue RMB 1.5 bln MTN

Sep. 13, 2012 (China Knowledge) - Jiangsu Communication Holding Co has announced it will issue RMB 1.5 billion worth of medium-term notes with a maturity of ten years in the interbank market on Sep 19.

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

Both value and payment due date is set on Sep 21, and the to-be-issued notes tradable Sep 24.

RMB 100 million of the proceeds from the issue will be used to replenish working capital, while the remaining RMB 1.4 billion to repay bank loans, said the issuer.

China Chengxin International Credit Rating Co Ltd has rated the issuer and notes AAA and AAA, respectively.

China Merchants Bank<600036><3968> has been assigned as the lead underwriter and bookrunner for the offering.

This will be the issuer's first medium-term notes 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