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

Financial Market
 Search News  Or
Dare Technology to issue RMB 370 million bills

Oct. 17, 2012 (China Knowledge) - Dare Technology Co Ltd<000910>, a Chinese packaging materials manufacturer and seller, has announced it plans to issue RMB 370 million in short-term bills with a maturity of 365 days in the interbank market on Oct 23.

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 25, and the to-be-issued bills tradable Oct 26.

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

China Chengxin International Credit Rating Co Ltd has rated the issuer and bills AA- and A-1, respectively.

China CITIC Bank Corp<601998><0998> has been hired as lead underwriter and bookrunner for the offering.

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