By Marisa Wong
Morgantown, W.Va., Aug. 27 – Xinren Aluminum Holdings Ltd. announced it issued $150 million of 8% convertible bonds due 2020.
Details of the issuance were not disclosed in Thursday’s announcement.
The Singapore-based investment holding company produces and sells aluminum products in China.
| Issuer: | XinRen Aluminum Holdings Ltd.
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| Issue: | Convertible bonds
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| Amount: | $150 million
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| Maturity: | 2020
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| Coupon: | 8%
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| Announcement date: | Aug. 27
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