By Marisa Wong
Morgantown, W.Va., Dec. 23 – Xinren Aluminum Holdings Ltd. announced it issued $70 million of 8% convertible bonds due 2020.
Details of the issuance were not disclosed in Wednesday’s announcement.
The Singapore-based investment holding company produces and sells aluminum products in China.
| Issuer: | XinRen Aluminum Holdings Ltd.
|
| Issue: | Convertible bonds
|
| Amount: | $70 million
|
| Maturity: | 2020
|
| Coupon: | 8%
|
| Announcement date: | Dec. 23
|
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