By Marisa Wong
Madison, Wis., Dec. 7 - BBMG Corp. announced that it completed the issue of RMB 800 million of five-year medium-term notes on Tuesday.
The medium-term notes priced at par to yield 5.85%.
This is the second tranche of notes to be issued under regulatory approval received in September. The company received approval to issue up to RMB 2.8 billion of notes. The first tranche of RMB 2 billion was issued on Sept. 29.
BBMG is a building materials manufacturer in Beijing.
| Issuer: | BBMG Corp.
|
| Issue: | Medium-term notes
|
| Amount: | RMB 800 million
|
| Maturity: | Five years
|
| Coupon: | 5.85%
|
| Price: | Par of RMB 100
|
| Yield: | 5.85%
|
| Settlement date: | Dec. 7
|
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