. Shandong Iron & Steel Grp issues RMB 1 bln 0.74-year Super CPs

Shandong Iron & Steel Grp issues RMB 1 bln 0.74-year Super CPs

Sep 17, 2018 (China Knowledge) - Shandong Iron & Steel Group Co., Ltd. has issued RMB 1 billion 0.74-year super commercial papers (issue code: 011801781.IB) on the interbank market, with a coupon rate of 4.69%.

This is a zero-coupon bond bought at a price lower than its face value, with the face value repaid at the time of maturity. There is no guarantor for the issuance of the bond. The corporation said in a statement that the bonds were issued at face value.

The issue date and listing date are Sep 12 and Sep 17 respectively, and the maturity date is on Jun 11, 2019.

Industrial Bank Co., Ltd. has been mandated as lead underwriter and bookrunner.



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Keywords: Shandong Iron & Steel Grp  011801781.IB  Inter-bank  Super CPs