China Molybdenum Completes $1.2 Billion Zero-Coupon Convertible Bond Issue

Reuters
2026.01.26 12:53
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China Molybdenum Co. Ltd. has completed a $1.2 billion issuance of zero coupon guaranteed convertible bonds due 2027. The offering, finalized on January 26, 2026, will allocate approximately 40% of the net proceeds for expansion and sustaining capital for overseas mining assets, and 60% for enhancing trade working capital and general corporate purposes. The bonds are listed on the Vienna MTF of the Vienna Stock Exchange.