|
BIZCHINA / Education & HR |
China Aerospace Science to issue 1.5b yuan in 10-year bondsBy ()
Updated: 2007-06-14 16:56 China Aerospace Science and Technology Corp, one of the central government-controlled State-owned enterprises, said it plans to issue 1.5 billion yuan worth of 10-year fixed-rate bonds on the interbank market from today until June 27. The coupon was set at 4.50 percent, according to a company statement published on the official China Securities Journal. Proceeds from the bond sale will fund nine aerospace industry-related projects, including navigation satellite and new material development, the company said. CITICS China Securities and United Securities are the main underwriters, while Everbright Securities is the financial advisor. (For more biz stories, please visit Industry Updates)
|
|