China’s Yanzhou Coal Mining gets approval for RMB 5 billion MTNs

By Marisa Wong

Madison, Wis., Feb. 17 – Yanzhou Coal Mining Co. Ltd. said it is registering to issue a total of RMB 5 billion of medium-term notes.

The company may issue the notes in multiple tranches over a period of two years.

Shareholders had previously approved domestic or overseas financing of an aggregate amount not exceeding RMB 30 billion, according to a notice.

The coal production, processing, marketing and transportation company is based in Zoucheng, China.

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