Aluminum Corp. of China Plans to Sell Debt Securities

Bloomberg.com reports that Aluminum Corp of China intends to sell debt securities.

The story is quoted as saying:

Total outstanding debt instruments, including 22 billion yuan ($3.32 billion) of short-term paper and medium-term bills already sold, won’t exceed 47 billion yuan after the new sales, the company, known as Chalco, said in a statement to the Shanghai stock exchange. The types and terms of the debt issues have yet to be decided, Chalco said.

To access the full story, click here.