China: CNY 1bn short-term bills to be offered by Guangxi Railway Investment

2012-12-11 14:50:43
Summary:On 6 November 2012, short-term bills worth CNY 1bn (EUR 123.76mn USD 160.23mn) are plannedto be issued by China-based Guangxi Railway Investment Group Co Ltd.

On 6 November 2012, short-term bills worth CNY 1bn (EUR 123.76mn USD 160.23mn) are planned

to be issued by China-based Guangxi Railway Investment Group Co Ltd. It has appointed China

CITIC Bank as the sales' lead underwriter and bookrunner and China Minsheng Banking as the

joint lead underwriter. The company will use CNY 120mn of the proceeds for bank loans

repayment and CNY 880mn for working capital replenishment. The bills will have a maturity

term of 365 days.

Ally Information

World Railway Magazine

E-Magazine weekly

Set home | Favorites | About Us | Advertising | Contact Us | Copyright | sitemap

Copyright2004-2014 ? Beijing Ally Information Inc.All rights reserved