China’s Metallurgical unit redeems $500 million perpetuals issued in 2018

By Wendy Van Sickle

Columbus, Ohio, June 16 – Metallurgical Corp. of China Ltd.’s MCC Holding (Hong Kong) Corp. Ltd. unit fully redeemed its $500 million of senior guaranteed perpetual securities at par on May 2, according to a notice.

Based in Beijing, the state-owned enterprise engages in engineering, procurement, construction, natural resources exploitation, papermaking, equipment fabrication and real estate development.

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