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Gansu Provincial Highway Aviation Tourism Investment Group Issues RMB 1.5 Bln Bond on Interbank Bond Market

Strategic Insights

— 1 min read

Gansu Provincial Highway Aviation Tourism Investment Group Co.,Ltd. has recently issued a RMB 1.5 bln 3-year private placement note on the interbank bond market. This issuance marks a significant milestone for the company, which was founded in 1999. The bond, with an issue code of 032100509.IB, offers a coupon rate of 4.9% and pays interest once a year. Notably, the bond was issued at face value and has a fixed rate for its entire term.

Key Takeaways:

  • The bond was issued on the interbank bond market with an issue code of 032100509.IB.
  • The bond has a coupon rate of 4.9% and pays interest once a year.
  • The bond was issued at face value and has a fixed rate for its entire term.
  • The issue date and listing date are Apr 26 and Apr 29 respectively, and the maturity date is on Apr 28, 2024.
  • There is no guarantor for the issuance of the bond.
  • China Everbright Bank and Huaxia Bank were the main underwriters of the bond offering.
  • The rating of the issuer is AAA, and the rating outlook is stable.
  • The issuer is a large enterprise in the conglomerate industry and is not a listed company.
  • The bond analytics and ratings can be obtained by contacting Catherine Yap/Ted Worley at (65) 6743 1728.
  • For research, please contact Research Director Michael Lee at (86) 21 8033 6883/michael_lee@chinaknowledge.com.

Statistics:

  • RMB 1.5 bln: The amount of the bond issued.
  • 3-year term: The length of time the bond will be issued.
  • 4.9%: The coupon rate of the bond.
  • Apr 26: The issue date of the bond.
  • Apr 29: The listing date of the bond.
  • Apr 28, 2024: The maturity date of the bond.
  • AAA: The rating of the issuer.
  • Stable: The rating outlook of the issuer.

Sources:

  • China Knowledge, "Gansu Provincial Highway Aviation Tourism Investment Group Co.,Ltd. Issues RMB 1.5 Bln 3-Year Private Placement Note on Interbank Bond Market"
  • China Everbright Bank, Huaxia Bank, and Gansu Provincial Highway Aviation Tourism Investment Group Co.,Ltd. (from the original text).

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