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Chalco to issue bonds

(China Daily)
Updated: 2007-05-16 14:35

Aluminum Corp of China Ltd (Chalco), China's biggest maker of the metal, plans to sell as much as 5 billion yuan worth of yuan-denominated bonds to replenish capital and purchase raw material.

The company will sell the bonds to institutional investors via the inter-bank market, the Beijing-based aluminum producer said in a statement yesterday to the Shanghai Stock Exchange.


(For more biz stories, please visit Industry Updates)



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