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Prospect News home > News index > List of issuers C > Headlines for China ZhengTong Auto Services Holdings Ltd. > News item
Published on 3/29/2017 in the Prospect News Emerging Markets Daily.

New Issue: China ZhengTong Auto Services sells RMB 300 million 6% bonds at par

By Marisa Wong

Morgantown, W.Va., March 29 – China ZhengTong Auto Services Holdings Ltd. announced that wholly owned subsidiary Wuhan ZhengTong United Industrial Investment Group Co., Ltd. issued RMB 300 million of bonds on Tuesday.

The bonds were priced at par with a coupon of 6%.

The auto dealership group is based in Beijing.

Issuer:Wuhan ZhengTong United Industrial Investment Group Co., Ltd.
Issue:Corporate bonds
Amount:RMB 300 million
Coupon:6%
Price:Par
Yield:6%
Settlement date:March 28

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