plans to issue 2 billion Chinese yuan of five-year corporatebonds on July 26 to 27.
Theinterest rate is between 2.80% and 3.70%, and will be decided after abook-building process.
Theissuance is the sixth tranche of the company's medium-term notes offering in2016, which will total up to 20 billion yuan.
ChinaMerchants Securities is the lead underwriter, bookrunner and bond trustee ofthe offering. China Galaxy Securities Co. Ltd. is the joint lead underwriterand bookrunner.
As of July 21, US$1 wasequivalent to 6.68 Chinese yuan.