China’s Chalieco calls all $350 million 2016 perpetuals at par

By Marisa Wong

Los Angeles, Dec. 12 – China Aluminum International Engineering Corp. Ltd. (Chalieco) said it will redeem its $350 million outstanding senior guaranteed perpetual capital securities in full on Jan. 15.

The securities will be redeemed at par plus distributions accrued to the call date of $9,975,000.

The perpetuals were issued through subsidiary Chalieco Hong Kong Corp. Ltd. in 2016.

Chalieco is a Beijing-based technology, engineering services and equipment provider in the nonferrous metals industry.

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