Sep 17, 2018 (China Knowledge) - Xinjiang Zhongtai Chemical Co., Ltd. has issued RMB 1 billion 5-year corporate bonds (issue code: 112757.SZ) on the Shenzhen Stock Exchange market, with a coupon rate of 6.80%.
This is a progressive rate bond whose interest rate rises as the holding period increases. 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 Aug 24 and Sep 17 respectively, and the maturity date is on Aug 29, 2023.
Haitong Securities Co., Ltd. has been mandated as lead underwriter and bookrunner.
The annual coupons of corporate bonds are scheduled to commence on Aug 29.
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