Trade Resources Industry Views Xichang Mining to Issue Short-Term Bonds on April 17 Worth a Total of RMB 150 Million

Xichang Mining to Issue Short-Term Bonds on April 17 Worth a Total of RMB 150 Million

Sichuan Province-based Xichang Mining Co., a subsidiary of Chongqing-based Chinese steelmaker Chongqing Iron and Steel (Group) Co., has announced that it has decided to issue short-term bonds on April 17 worth a total of RMB 150 million ($24.12 million), with the bonds due to mature after 365 days. The Industrial and Commercial Bank of China (ICBC) will be the lead underwriter. The payment deadline for the bond issue is on April 19, 2013.

Source: http://www.steelorbis.com/steel-news/latest-news/xichang-mining-to-issue-short_term-bonds-worth-rmb-150-million-752534.htm
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Xichang Mining to Issue Short-Term Bonds Worth RMB 150 Million
Topics: Metallurgy