Triangle Tire Releases 500 Million Three-Year Mid-term Notes
The company issued a related announcement on January 12, 2012. According to the announcement, the current period mid-term notes were booked and booked, and the central placement was issued in face value. The coupon rate was finalized according to the bookkeeping results.
There is no guarantee for the medium-term notes in this period. After the comprehensive evaluation by the Joint Credit Rating Co., Ltd., the issuer has a long-term credit rating of AA and a stable rating outlook. The current credit rating of the medium-term notes is AA. ICBC was the lead underwriter of the offering.
The issuer’s mid-term bill registration amounted to 800 million yuan. As of the signing date of this prospectus, the balance of the outstanding debt financing tools of the issuer is zero.
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