By Wendy Van Sickle
Columbus, Ohio, Dec. 3 – Shandong Gold Group Mining Co., Ltd. issued RMB 2.7 billion of 4.8% renewable corporate bonds with an initial term of three years, according to a regulatory notice.
After three years, the company will have the option to extend the bonds by three years.
The company announced on Nov. 25 that it would issue up to RMB 4 billion of corporate bonds in tranches. This issuance is the first tranche.
Based in Jinan, China, Shandong Gold is a state-owned gold mining company.
| Issuer: | Shandong Gold Group Mining Co., Ltd.
|
| Issue: | Renewable corporate bonds
|
| Amount: | RMB 2.7 billion
|
| Term: | Three years initially, with option to extend by three additional years
|
| Coupon: | 4.8%
|
| Issue date: | Dec. 3
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
