China Minmetals successfully issues USD1 billion of perpetual bonds abroad
2017-11-07 11:59:40 [Print]
On November 1st, China Minmetals successfully issued USD1 billion of perpetual bonds overseas, with an annual interest rate of 3
. 75% . This recorded the first perpetual bonds issued abroad by Chinese domestic enterprises, the cost premium minimum of perpetual bonds and senior debt, the lowest cost of the same scale, and the largest single bond since 2015, reflecting that the international investors highly recognized the quality credit, rapidly improved performance and favorable future expectation of China Minmetals.