By Marisa Wong
Morgantown, W.Va., Sept. 2 – China Aluminum International Engineering Corp. Ltd. (Chalieco) announced it issued RMB 200 million of short-term financing notes on Wednesday.
The 366-day notes have a coupon of 3.9%.
The company had registered to issue RMB 500 million of short-term notes. This is the company’s first tranche for 2015.
Industrial Bank Co., Ltd. is the lead underwriter.
Proceeds will be used to repay bank loans.
The company is a Beijing-based technology, engineering service and equipment provider in the nonferrous metals industry.
| Issuer: | China Aluminum International Engineering Corp. Ltd.
|
| Issue: | Short-term financing notes
|
| Amount: | RMB 200 million
|
| Maturity: | 366 days
|
| Coupon: | 3.9%
|
| Underwriter: | Industrial Bank Co., Ltd.
|
| Settlement date: | Sept. 2
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
