Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

Financial Market
 Search News  Or
Chalco to issue RMB 2 bln in 30-day bills

Jul. 5, 2012 (China Knowledge) - Aluminum Corporation of China Ltd (Chalco)<601600><2600>, the country's largest aluminum producer, has announced that it plans to issue RMB 2 billion in super short-term bills with a maturity of 30 days on the interbank market today.

Coupon rate will be determined in the process of book-building and the bills be issued at face value.

Both value date and payment due date is Jul. 6 and the to-be-issued bills tradable on Jul. 9.
China Chengxin International Credit Rating Co Ltd has rated the issuer AAA.

China Minsheng Banking Corp Ltd<600016><1988> has been hired as book-runner and lead underwriter for the offering and China Construction Bank Co<601939><0939> will be joint lead underwriter for the offering.

The company yesterday issued RMB 3 billion of 60-day super short-term bills.

The company suffered a loss of RMB 1.09 billion in the first quarter of this year, although seeing its core business revenue rise 18.97% YoY to RMB 33.59 billion.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved