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Home / Metal News / Newssummary: Chalco Issues $500-Mln Overseas Bonds at Rate of 3.625%

Newssummary: Chalco Issues $500-Mln Overseas Bonds at Rate of 3.625%

Dec 16, 2014 09:44

Source:SMM

Aluminum Corporation of China (Chalco) succeeded to issue $500-million bonds at a rate of 3.625%, with a five- year maturity, the company said recently.

SHANGHAI, Dec. 16 (SMM) – Aluminum Corporation of China (Chalco) succeeded to issue $500-million bonds at a rate of 3.625%, with a five- year maturity, the company said recently.

Chinalco Finance Holdings Limited is the issuer.

This is the company’s first issuance of investment grade corporate bonds denominated in the dollars in overseas market.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

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CHALCO

Aluminum Corporation of China

Chinese news summary

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