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HK Bourse: Announcement From Zijin Mining Group Co. Ltd.

12 Sep 2017 4:10 am
 
    Following is the related link: 
http://www.hkexnews.hk/listedco/listconews/sehk/2017/0912/LTN20170912251.pdf 
 Announcement in relation to the Coupon Rate of the 2017 Renewable Corporate Bonds (the 
                                    First Tranche) 
 
Zijin Mining Group Co., Ltd.* (the "Company" or the "Issuer") has received the approval to issue 
renewable corporate bonds with face value of not more than RMB5 billion publicly to qualified investors 
according to the approval document issued by the China Securities Regulatory Commission (Zhengjian 
Xuke [2016] No. 2622). The renewable corporate bonds will be issued by tranches, in which the issuing 
size of the first tranche (the "Current Bond") is RMB500 million. 
 
 
The base period of the renewable corporate bonds issued this time is 3 years. At the end of the base period 
and the end of each renewal period, the Company has an option to renew the renewable corporate bonds. 
Each renewal period must not be longer than the base period. The renewable corporate bonds will mature 
when the Company does not exercise the renewal option and redeems the bonds in full amount. The range 
of coupon rate of the Current Bond under coupon rate quotations is 4.80% to 5.80%. The coupon rate is 
determined through negotiations between the Issuer and the lead underwriter with reference to the results of 
offline coupon rate quotations subject to a pre-set range for the coupon rate. 
 
 
On 11 September 2017, the Issuer and the lead underwriter requested for coupon rate quotations from 
institutional investors offline. According to the results of such quotations, the Issuer and the lead 
underwriter mutually agreed that the coupon rate of the Current Bond was determined to be 5.17%. 
 
 
Based on the aforesaid coupon rate, the Issuer will issue the Current Bonds offline to qualified investors on 
12 September 2017 and 13 September 2017 respectively. For details of the subscription method, please 
refer to the "Announcement - Issuance of 2017 Renewable Corporate Bonds (First Tranche) of Zijin Mining 
Group Co., Ltd.*" published on the Securities Times and the website of the Shanghai Stock Exchange 
(http:// www.sse.com.cn) on 8 September 2017. 
 
 
This announcement is made on a voluntary basis. 
 
                                                       1 
Investors and shareholders are advised by the board of directors to exercise caution when dealing in 
the shares of the Company. 
 
 
 
 
Fujian, the PRC, 12 September 2017 
*The Company's English name is for identification purpose only 
 
 
 
 
                                                   2 
 
 
Source: Hong Kong Exchanges & Clearing 
 
 

(END) Dow Jones Newswires

September 12, 2017 00:10 ET (04:10 GMT)
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