By Marisa Wong
Madison, Wis., Nov. 8 - Zhaojin Mining Industry Co. Ltd. said it issued RMB 700 million of short-term bonds on Nov. 3. The bonds settled on Nov. 7.
The bonds have a coupon of 6.11% for a term of 366 days.
Agricultural Bank of China Ltd. and China Merchants Bank Co., Ltd. were the joint lead managers.
As previously reported, proceeds will be used to meet capital requirements for normal production and operations.
The company is engaged in investment holding and exploration, mining, ore processing, smelting and selling of gold and other metallic products and is based in Zhaojin, China.
| Issuer: | Zhaojin Mining Industry Co. Ltd.
|
| Issue: | Short-term bonds
|
| Amount: | RMB 700 million
|
| Maturity: | 366 days
|
| Coupon: | 6.11%
|
| Managers: | Agricultural Bank of China Ltd. and China Merchants Bank Co., Ltd. (joint lead)
|
| Pricing date: | Nov. 3
|
| Settlement date: | Nov. 7
|
© 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.
