Shandong Gold Mining Co. Ltd. said March 18 that it will issue a green bond valued at 1 billion Chinese yuan March 21.
The interest rate of the debt offering will be set between 3.2% and 4.2% and the maturity at three years.
Capital Securities Co. Ltd. and China Galaxy Securities Co. Ltd. served as lead underwriters for the issuance.
As of March 18, US$1 was equivalent to 6.71 Chinese yuan.