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Provider: Thomson Reuters Stock Report
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CSR Corp Ltd Issues FY 2013 First Tranche of Corporate Bonds


Wednesday, 24 Apr 2013 08:00pm EDT 

CSR Corp Ltd announced that it finished the issuance of the first tranche of corporate bonds for fiscal year 2013, worth RMB 3 billion, each with par value and an issue price of RMB 100, on April 24, 2013. RMB 1.5 billion worth of bonds are with a term of five years and a coupon rate of 4.70%, while the remaining part are with a term of ten years and a coupon rate of 5.00%. The interest will be paid on April 22 from 2014 to 2018 and 2014 to 2023, respectively. China International Capital Corporation Limited and UBS Securities jointly served as the main underwriter. The Company's controlling shareholder, CSRG, will provide guarantee for the bonds. 

Company Quote

4.81
0.06 +1.26%
14 Jul 2014