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


 
Financial Market
 Search News  Or
Anhui Zhongding Holding to issue RMB 420 million MTN

Sep. 20, 2012 (China Knowledge) - Anhui Zhongding Holding (Group) Co Ltd, the parent company of Anhui Zhongding Sealing Parts Co Ltd<000887>, has announced it will issue RMB 420 million in medium-term notes with a maturity of three years in the interbank market on Sep 27.

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 28, and the to-be-issued notes tradable Sep 29.

RMB 333.6 million of the proceeds from the issue will be used to repay bank loans, while the remaining RMB 86.4 million to replenish working capital, said the issuer.

China Lianhe Credit Rating Co Ltd has rated the issuer and notes AA- and AAA, respectively.

Industrial and Commercial Bank of China<601398><1398> has been hired as lead underwriter and bookrunner for the offering.







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