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Shandong Gold to issue 1B yuan in green bond

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.