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Jiangxi Copper to offer up to RMB 5 billion exchangeable bonds
By William Gullotti
Buffalo, N.Y., April 23 – Jiangxi Copper Co., Ltd. announced on Tuesday that its controlling shareholder, Jiangxi Copper Corp., Ltd., plans to issue RMB 5 billion of exchangeable corporate bonds.
The exchangeable corporate bonds may be offered in one more or more tranches within 24 months.
The issuance is subject to market conditions.
The copper producer is based in Nanchang, Jiangxi, China.
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