OREANDA-NEWS. August 25, 2014. Jinchuan has closed 1.5 billion yuan (about USD244 million) bonds and listed them on the Stock Exchange of Hong Kong Limited. The yuan-denominated bonds will pay a coupon of 4.75 per cent and mature in three years.

The listing of the bonds represented the Group’s diversification of funding   sources on the overseas capital markets and symbolized another solid step towards its internationalization.
 
Jinchuan started work on the issuance in mid-May. In early July, management from the Group held roadshows in Hong Kong and Singapore and held meetings with bond investors, showing them the highlights of the Group and its credit status. On July 10th, Jinchuan priced the bonds. On July 17, the bonds were closed and listed.
 
The issuance made Jinchuan the 6th issuer from Chinese companies that have won the approvals from the National Development and Reform Commission (NDRC) and the only state-owned enterprise issuer outside the centrally-administered state-owned enterprise bloc.