BIOK’s corporation bonds issuing plan has been approved by China Securities Regulatory Commission. The bonds will be issued by phases and the total amount is no more than 500 million RMB.
Biok issued its corporation bonds with a value of RMB 300 million in 2012 as phase I, while each worth is RMB 100 and totally 3 million pieces. The issuing price keeps in RMB100 per piece. The bonds issued this time are rated as AA+ and the issuer’s credit rating is AA-. The bonds’ coupon rate is 5.3%.