China Overseas Land & Investment Ltd.'s subsidiary China Overseas Property Ltd. said it completed the issuance of its 3.00 billion yuan worth of three-year medium term notes Feb. 5.
The annual interest rate is 5.60%.
Agricultural Bank of China and China Construction Bank Corp. are joint lead underwriters for the issuance, while the latter is also serving as book runner.
As of Feb. 6, US$1 was equivalent to 6.28 yuan.
