16 FEBRUARY 20144-Traders
Chalco sells CNY3bn 270-day bills
Edited by : AL CIRCLE
1 min read
Aluminum Corporation Of China Limited (Chalco) has issued CNY 3 billion 270-day fixed-rate unsecured bills on interbank market.
This is the company's first issuance of super and short-term commercial papers in 2014.
Financing will be used to repay bank loans, replenish working capital and lower financing costs.
This is the company's first issuance of super and short-term commercial papers in 2014.
Financing will be used to repay bank loans, replenish working capital and lower financing costs.
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