Sichuan Investment energy to issue 2.1 billion-yuan convertible bonds to increase investment in Ertan hydropower project

Source: Internet
Author: User
Keywords Convertible
NetEase Finance March 16 announced the announcement of the release of the convertible bonds today, said the proposed release of the bond is not more than 2.1 billion yuan, for the Ertan hydropower to increase capital to meet the Ertan hydroelectric power station in the construction of Jinping level, Jinping two replenishment requirements. The instructions show that the convertible bonds issued at par value, each face value of 100 yuan, the total issue of not more than 21 million copies. The bond coupon rate is 0.5% in the first year, the second year 0.7%, the third year 0.9%, the fourth year 1.2%, the five year 1.5%, the six year 1.8%.  After the issuance of the bond issued 6 months after the convertible, the initial conversion price of 17.30 yuan/share. Sichuan Investment Energy Select UBS as the sponsor of the issuance of the convertible bond and the main underwriter.  The issue of the original a-share shareholder priority placements, after the allocation of preferential balance to the net institutional investors placing and through the SSE trading system online pricing issue, if the balance is underwritten by the underwriting group. On the equity registration day, i.e. March 18, the registered Sichuan investment Energy A shareholder can subscribe for convertible bonds at the rate of 2.250 yuan per share.  On the second trading day, that is, March 21, the general public investors can through the SSE trading system to participate in the issuer of the original A-share shareholders after the purchase of the balance, the purchase code for "733674", the purchase is referred to as "Sichuan to send debt." Previously, chuan-investment energy has issued a rapid performance report, said it is expected to achieve 2010 net profit of 310 million to 360 million yuan, the same period last year, growth of 80%-100%.  The acquisition of the proposed increase in the target of 48% shares of the company is one of the reasons for the substantial increase in performance. Sichuan investment in the way of energy today, the plate received 17.48 yuan, the increase of 3.68%. Responsible Editor: NF054
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