OREANDA-NEWS. July 25, 2011. China coal Energy Co Ltd, a subsidiary of state-owned China National Coal Group Corp, on Jul. 22 said it will issue 15 billion yuan worth of RMB-denominated medium-term notes on the interbank market.

In a statement, Shanghai- and Hong Kong-listed China Coal Energy said it has received approval from the National Association of Financial Market Institutional Investors for the note issue, the firm's first batch of medium-term notes this year.

Industrial and Commercial Bank of China, the world's largest bank by market value, and China International Capital Corp Ltd have been assigned as the joint-lead underwriters.