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Home / Metal News / Rusal Issues Second Tranche of “Panda Bond”

Rusal Issues Second Tranche of “Panda Bond”

iconSep 4, 2017 10:57
Source:SMM
Rusal issued its second tranche of“panda bonds” on Shanghai Stock Exchange on September 1. 

SHANGHAI, Sept. 4 (SMM) – Rusal issued its second tranche of“panda bonds” on Shanghai Stock Exchange on September 1. 

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These bonds are priced at 500 million yuan, with a tenor of three years and a coupon rate of 5.5%. 

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The “panda bond” is a term for debt sold by overseas companies and issuers in the Chinese mainland renminbi 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.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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