Chengdu City Construction Investment Management Group Co.,Ltd. issued one corporate bond in China National Inter-Bank Bond Market on 26/04/2022.
The issue date is 26/04/2022. Interest commencement date is 28/04/2022. Maturity date is 28/04/2027. Term is 5-year. Issue amount is CNY 2.25 bn.
This bond is unsecured. China Lianhe Credit Rating has assigned credit rating of AAA for this bond. The lead underwriter is GF Securities. The paying agent is Chengdu Rural Commercial Bank.
This bond has put option. At the 3rd anniversary of interest commencement date, bondholders can exercise put option. Before the put date, Chengdu City Construction Investment Management Group will decide whether to cut or raise the coupon rate of last 2 years by up to 300BPs.
This bond will also be listed in Shanghai Stock Exchange.
Chengdu City Construction Investment Management Group is a state-owned company, based in Chengdu, focusing on construction and operation of municipal projects and urban complex. As of end of 2021, total asset of issuer exceeds CNY 160 bn, with operation revenue exceeding CNY 23 bn. The debt-to-asset ratio of issuer is under 70%.