Minmetals Capital to Sign 2.1-Billion-Yuan Perpetual Bond Agreement with China Minmetals

MT Newswires Live
Sep 24

Minmetals Capital (SHA:600390) plans to sign a perpetual bond agreement with actual controller China Minmetals to meet liquidity needs.

The 2.1-billion-yuan perpetual debt investment has a five+N-year term and an initial 2.98% interest rate.

Shares of the financial services company were down 2% in recent trade.

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