Xiamen Tungsten Co. Ltd. completed an offering for 600 million Chinese yuan of short-term bonds on Sept. 20, according to a Sept. 21 statement.
The notes will mature in 270 days with a fixed interest rate of 3.35%.
China Construction Bank Corp. served as the lead underwriter for the issuance.
As of Sept. 20, US$1 was equivalent to 7.10 Chinese yuan.
