By Marisa Wong
Madison, Wis., Nov. 16 - Metallurgical Corp. of China Ltd. said it issued the third tranche of short-term financing bills for 2010, totaling RMB 4.4 billion.
The bills were issued for a term of one year at par of RMB 100 each. Interest is equal to 3.35% and is payable at maturity.
The joint lead underwriters for the bills are Citic Securities Co., Ltd. and China Citic Bank Corp. Ltd.
Metallurgical is a Beijing engineering contracting, resource development, equipment manufacturing and property development company.
| Issuer: | Metallurgical Corp. of China Ltd.
|
| Issue: | Short-term financing bills
|
| Amount: | RMB 4.4 billion
|
| Maturity: | One year
|
| Coupon: | 3.35%
|
| Price: | Par of RMB 100
|
| Yield: | 3.35%
|
| Underwriters: | Citic Securities Co., Ltd. and China Citic Bank Corp. Ltd.
|
| Pricing date: | Nov. 11
|
| Settlement date: | Nov. 15
|
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