Chinalco successfully issued 2010 first medium-term notes of 1bn

Recently, Aluminium Corporation of China successfully issued the first medium-term notes of one billion yuan of 2010 due 2015. Te interest rate is 4%, which can save about 44,200,000 yuan of financial expenses. The success of medium-term note issue further reduced the company’s financing cost and optimize the debt structure.
Aluminium Corporation of China(Chinalco) received approval of Bank of China and Market Traders Association on July 1st, acquiring 2 billion yuan of medium-term registration notes, which is due in 2012.

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