Jiangxi Copper fell over 2% and plans to issue up to 25 billion RMB bonds
Jiangxi Copper (00358.HK) plans to issue up to 25 billion yuan in bonds. The company's stock price opened flat today (20th) but then fell, reaching a low of 43.74 yuan. It is currently reported at 44.7 yuan, down 2.57%, with a trading volume of 13.6592 million shares, involving 610 million yuan.
According to the documents, Jiangxi Copper will issue up to 15 billion yuan in medium-term notes and issue ultra-short-term financing bonds not exceeding 10 billion yuan. The approved registration will be valid for 24 months, and the funds raised will be used to repay the company's interest-bearing debts, supplement working capital, or for project acquisitions, etc
Source: AASTOCKS The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments