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Chalco Hong Kong Unit To Issue Up To $1.2 Bln Bonds
Aug 25,2011 11:16
CSTindustry newscompany news
Source:SMM
Chalco said Thursday its Hong Kong unit will issue up to $1.2 billion of bonds to support overseas investments.
SHANGHAI, Aug 24, 2011 (Dow Jones) -- Aluminum Corp of China Ltd. (2600.HK), or Chalco, said Thursday its Hong Kong unit will issue up to $1.2 billion of bonds to support overseas investments.
The bonds will have a maturity of up to 10 years and will be issued at an appropriate time, the company said in a filing to the Shanghai Stock Exchange.
Chalco is the country's biggest alumina producer by output and the listed unit of China's biggest aluminum producer Aluminum Corp. of China, or Chinalco.
Aluminum
Chalco
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