Aluminum Corp. of China Plans to Sell Debt Securities

Market News

Bloomberg.com reports that Aluminum Corp of China intends 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.

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