Jiangxi Copper Issues 1.5 Billion Yuan Bonds

MT Newswires Live
Aug 28

Jiangxi Copper (SHA:600362) issued a total of 1.50 billion yuan of bonds across two tranches, according to a Friday filing with the Shanghai bourse.

The first tranche has a total issuance amount of 600 million yuan, a term of 10 years and an interest rate of 2.14%, while the second tranche has a size of 900 million yuan, a 15-year term and a rate of 2.33%.

The two tranches are part of a 7 billion-yuan bond program approved in June.

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