002477SZSE

Temporary Trustee Management Report on Corporate Bonds (20th Issue of 2019)

Chuying Retreat Co., Ltd.·September 20, 2019·11 pages

✨ AI Summary

This report outlines the management of the "14 Chuying Bond" by Dongwu Securities, detailing the bond's issuance, terms, and credit ratings. The total issuance amount is 800 million RMB, with a fixed interest rate of 8.80%. The report also highlights the company's financial challenges and ongoing efforts to restructure its debt and protect investor interests.

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Full Translation

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Bond Information

Bond Name: Chuying Agricultural and Animal Husbandry Group Co., Ltd. 2014 Corporate Bond (hereinafter referred to as "this bond" or "14 Chuying Bond").
Approval Document and Scale: Approved by the China Securities Regulatory Commission on December 31, 2013, allowing the company to publicly issue corporate bonds with a total face value not exceeding 800 million RMB.
Bond Abbreviation and Code: The bond is abbreviated as "14 Chuying Bond" with the code 112209.
Issuing Entity: The issuing entity for this bond is Chuying Agricultural and Animal Husbandry Group Co., Ltd.
Bond Term: The term of this bond is 5 years, with options for the issuer to adjust the coupon rate at the end of the third year and for investors to sell back their bonds.
Issuance Scale: The total issuance amount is 800 million RMB, with a remaining bond value of 797.787 million RMB after buybacks in August 2014.
Face Value and Issuance Price: The face value of this bond is 100 RMB, issued at par.
Bond Interest Rate: The coupon rate is 8.80%, fixed for the first three years. If the issuer exercises the option to adjust the rate, the r

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