Chicago, Nov. 29 – Yanzhou Coal Mining Co. Ltd. priced a second tranche of RMB 2 billion 3.67% three-year notes at par, according to an announcement.
The company sold an issue sized at the upper end of the RMB 1 to RMB 2 billion proposed issuance amount.
China Merchants Bank Co., Ltd. is the bookrunner and lead underwriter. Agricultural Bank of China Ltd. is the joint lead underwriter.
The coupon rate resets. Each reset date is a redemption date.
Yanzhou is a Zoucheng, China-based coal mining company.
| Issuer: | Yanzhou Coal Mining Co. Ltd.
|
| Issue: | Medium-term notes, 2021 second tranche
|
| Amount: | RMB 2 billion
|
| Tenor: | Three years
|
| Underwriters: | China Merchants Bank Co., Ltd. (bookrunner and lead underwriter) and Agricultural Bank of China Ltd. (joint lead underwriter)
|
| Coupon: | 3.67%
|
| Price: | Par
|
| Yield: | 3.67%
|
| Call option: | On any coupon reset date
|
| Settlement date: | Nov. 26
|
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