By Marisa Wong
Madison, Wis., Feb. 27 - Zhaojin Mining Industry Co. Ltd. announced that it issued its first tranche of short-term bonds, totaling RMB 700 million, on Feb. 26.
The one-year bonds were priced with a fixed coupon of 4.21%.
Agricultural Bank of China Ltd. and China Merchants Bank Co. Ltd. are the joint lead managers.
The gold mining company is based in Zhaoyuan, China.
| Issuer: | Zhaojin Mining Industry Co. Ltd.
|
| Issue: | Short-term bonds
|
| Amount: | RMB 700 million
|
| Maturity: | Feb. 27, 2014
|
| Coupon: | 4.21%
|
| Underwriters: | Agricultural Bank of China Ltd., China Merchants Bank Co. Ltd.
|
| Settlement date: | Feb. 26
|
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