By Marisa Wong
Morgantown, W.Va., Oct. 23 – Yanzhou Coal Mining Co. Ltd. announced it issued RMB 3 billion of medium-term notes on Oct. 19.
The three-year notes were priced at par to yield 4.39%.
Proceeds will be used to supplement working capital, repay bank loans and repay bonds.
Yanzhou is a Zoucheng, China-based coal mining company.
| Issuer: | Yanzhou Coal Mining Co. Ltd.
|
| Issue: | Medium-term notes, 2018 second tranche
|
| Amount: | RMB 3 billion
|
| Maturity: | Oct. 23, 2021
|
| Coupon: | 4.39%
|
| Price: | Par
|
| Yield: | 4.39%
|
| Settlement date: | Oct. 19
|
| Rating: | China Chengxin International Credit Rating Co. Ltd.: AAA
|
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