China Unicom has launched the third tranche of super and short-term commercial paper for 2013, amounting to Yn10bn (US$1.63bn).
The issue has a maturity period of 180 days and an annual interest of 4.68%. Interest started accruing on 12 October,…
China Unicom has launched the third tranche of super and short-term commercial paper for 2013, amounting to Yn10bn (US$1.63bn).
The issue has a maturity period of 180 days and an annual interest of 4.68%. Interest started accruing on 12 October, China’s second-largest mobile operator said in a stock exchange notice.
The first and second tranches, each totalling Yn15bn (US$2.45bn), were completed in July and September respectively.
Last year, Unicom issued Yn30bn (US$4.8bn) worth of super and short-term commercial paper in two tranches, and Yn38bn (US$6.2bn) in commercial paper split into three tranches.
