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


 
Financial Market
 Search News  Or
China National Building Material to issue RMB 3 bln bills

Oct. 17, 2012 (China Knowledge) - China National Building Material Company Limited<3323>, a leading cement manufacturer in China, has announced it plans to issue RMB 3 billion in super short-term bills with a maturity of 270 days in the interbank market on Oct 17.

The company said in a statement 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 is set on Oct 18, and the to-be-issued bills tradable Oct 19.

All the proceeds from the issue will be used to repay bank loans, said the issuer.

Dagong Global Credit Rating Co Ltd has rated the issuer AAA.

Bank of Communications<601328><3328> has been hired as lead underwriter and bookrunner. Shanghai Pudong Development Bank Co Ltd<600000> will be the joint lead underwriter for the offering.

This will be the issuer's first super short-term bills 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