|
BIZCHINA / Energy/Mining |
Chinalco Group plans 5b yuan one-year debt issueBy ()
Updated: 2007-06-28 15:52 Chinalco Group, the parent of Aluminum Corp of China Ltd, said it plans to issue 5 billion yuan in 365-day debt on the interbank bond market on July 3. In a statement published on the official Chinabond.com website, the company said the yield will be determined via a book building process. The proceeds will be used to supplement working capital, the company said. Industrial and Commercial Bank of China will be the main underwriter for the issue. (For more biz stories, please visit Industry Updates)
|
|