Inner Mongolia Yitai Coal plans Rmb9bn issue

Quick read

The first issue will be a five-year bond of CNY4.5bn with price guidance set at 6.8%-7.5%.

Bidding will start on October 8 and pricing will take place the next day.

Dagong Global Credit Rating has rated both the issuer and the issue AA+.

CICC, Guokai Securities, China Securities, Citic Securities, Zhongde Securities, Morgan Stanley Huaxin Securities are leads on the unsecured deal.

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