Beijing Jingcheng Machinery Electric Holding to sell RMB1 bln 5Y notes Aug.18

BEIJING, Aug 10, 2010 (Xinhua via COMTEX) -- The following are the details for the issuance of Beijing Jingcheng Machinery Electric Holding Co., Ltd.'s 5-year corporate notes: Issuer (full name) Beijing Jingcheng Machinery Electric Holding Co., Ltd. Guarantee China Bond Insurance Co., Ltd. Registered amount RMB2 bln Offering amount RMB1 bln Term 5-year Par Value RMB100 Issuing Rate To be decided by results of bookkeeping Underwriter Bank of Beijing China Merchants Bank Underwriting Mode Standby underwriting Issuing Mode Bookkeeping Issuing Date Aug. 18, 2010 Value Date Aug. 19, 2010 Payment Date Aug. 19, 2010 Circulation Date Aug. 20, 2010 Maturity Date Aug. 19, 2015 Issuer Rating AA+ Interest accrue mode Single interest Rating AAA Rating Agency China Lianhe Credit Rating Co.,Ltd. (Edited by Yang Liu, [email protected])