trending Market Intelligence /marketintelligence/en/news-insights/trending/_IusIUxEjb8ILBbY0vgEog2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Shandong Energy launches 2B yuan bond offering

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020


Shandong Energy launches 2B yuan bond offering

Chinese coal producer Shandong Energy Group Co. Ltd. launched a bond offering of 2 billion Chinese yuan on Jan. 13 to repay its bank loans and for general working capital.

The interest rate of the notes has yet to be determined, but the maturity of the bonds was set at three years, according to a Jan. 9 statement.

China Chengxin International Credit Rating Co. Ltd. affirmed an AAA rating for the notes.

Shanghai Pudong Development Bank serves as the lead underwriter and bookrunner for the issuance.

As of Jan. 10, US$1 was equivalent to 6.92 Chinese yuan.