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Article: BRIEFING - ASIA MINING - JAN 23, 2008.
- Article from:
- AsiaPulse News
- Article date:
- January 23, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on mining for Jan 23, 2008, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
CHINA'S JIANGXI COPPER TO FLOAT US$940 MLN IN CONVERTIBLE BONDS
BEIJING - Jiangxi Copper Company Limited (SSX:600362, SEHK:0358), one of China's leading copper producers, announced Wednesday it will float 6.8 billion yuan (US$940 million) worth of eight-year convertible bonds to repay debts and buy assets from its parent, Jiangxi Copper Corporation.
About 4.66 billion yuan will pay back bank loans and 2.14 billion yuan will purchase the ...