CIFI to sell up to RMB 1.2 billion of three-year medium-term notes

By Mary-Katherine Stinson

Lexington, Ky., Sept. 19 – CIFI Holdings (Group) Co. Ltd. (Chengxin: AAA) will issue a second tranche of medium-term notes in the domestic Chinese market in an amount up to RMB 1.2 billion on or about Sept. 21, according to a notice Monday.

The notes will have a term of three-years.

The coupon rate will be determined based on bookbuilding.

The second tranche of notes is guaranteed by China Bond Insurance Co., Ltd.

CIFI Holdings is a Hong Kong-based investment company.

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