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Shanghai Electric Group Co Ltd to Issue FY 2012 First Tranche of Corporate Bonds


Sunday, 24 Feb 2013 07:00pm EST 

Shanghai Electric Group Co Ltd announced that it will issue the first tranche of corporate bonds for fiscal year 2012, worth RMB 2 billion, on February 27, 2013. The bonds are each with par value and an issue price of RMB 100. RMB 500 million worth of bonds will be with a term of three years, matured on February 27, 2016, and a coupon rate ranging from 4.50% to 4.75%, while the remaining part will be with a term of five years, matured on February 27, 2018, and a coupon rate ranging from 4.80% to 5.05%. The interest will be paid on February 27 from 2014 to 2018 respectively. Credit Suisse Founder and Tebon Securities Co., Ltd. will jointly serve as the main underwriter. 

Company Quote

4.35
0.01 +0.23%
18 Sep 2014