trending Market Intelligence /marketintelligence/en/news-insights/trending/arb1-lmwhccs8efofia-gg2 content esgSubNav
In This List

Zijin launches up to 4.5B yuan debt offering

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Podcast

Energy Evolution | Looking ahead to the energy transition in 2023

Video

Path to Net-Zero: How are mining companies tracking?

Blog

The Big Picture for 2023: Will Economies See Relief from Knock-on Effects of Russia-Ukraine Conflict?


Zijin launches up to 4.5B yuan debt offering

Zijin Mining Group Co. Ltd. on Oct. 12 said it will issue up to 4.5 billion Chinese yuan in debt Oct. 16 to increase its cash flow.

The offering was set at an initial 1.5 billion yuan, and the company can exercise an overallotment option of up to 3 billion yuan.

The maturity of the bonds will be three years, renewable for additional three-year periods, with an interest rate between 4.3% and 5.8%.

As of Oct. 11, US$1 was equivalent to 6.89 Chinese yuan.