By Angela McDaniels
Tacoma, Wash., Aug. 29 - China Unicom (Hong Kong) Ltd. subsidiary China United Network Communications Corp. Ltd. issued RMB 15 billion of commercial paper on Thursday, according to a company news release.
The commercial paper has a tenor of 366 days and a 5.23% interest rate.
This is the first tranche of commercial paper sold by the company this year.
China Unicom is a telecommunications services provider based in Hong Kong.
| Issuer: | China United Network Communications Corp. Ltd.
|
| Issue: | Commercial paper
|
| Amount: | RMB 15 billion
|
| Tenor: | 366 days
|
| Coupon: | 5.23%
|
| Settlement date: | Aug. 25
|
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