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China Shipping Group to sell RMB1 bln 270D SCPs Mar. 12
BEIJING, Mar 11, 2013 (Xinhua via COMTEX) --
China Shipping Group announced that it
planned to sell one billion yuan worth of 270-day super & short-term
commercial papers(SCPs) on March 12.
The money raised will be used to replenish operating capital.
The following are the details for the issuance of the bond:
Issuer (full name)
China Shipping Group
Guarantee
unsecured
Registered amount
RMB20 bln
Offering amount
RMB1 bln
Term
270D
Par Value
RMB100
Issuing Rate
To be decided by results of bookkeeping
Underwriters
China Everbright Bank; China Development Bank
Underwriting Mode
Standby underwriting
Issuing Mode
Bookkeeping
Issuing Date
Mar. 12, 2013
Value Date
Mar. 13, 2013
Payment Date
Mar. 13, 2013
Circulation Date
Mar. 14, 2013
Maturity Date
Dec. 8, 2013
Issuer Rating
AAA
Interest accrue mode
Single interest
Rating
Rating Agency
China Lianhe Credit Rating Co.,Ltd.
(Edited by Yang Liu, yangliu@xinhua.org)
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