Shanxi Coking Coal Group Co Ltd, parent company of China's largest publicly-traded coke producer Shanxi Coking Co Ltd<600740>, said it will issue RMB 4.7 billion worth of medium-term notes with a maturity of five years on Nov. 3
The company said in a statement that the notes will be issued at face value, and the coupon rate be determined during the process of book building. Both value date and payment due date is Nov. 7, and the to-be-issued notes tradable on Nov. 8.
China Chengxin International Credit Rating Co Ltd has rated the issuer and notes AAA and AAA, respectively.
Shanghai Pudong Development Bank<600000> and Industrial and Commercial Bank of China<601398><1398> have been hire as joint lead underwriter for the offering.