Meijin Energy to Pay Fourth-Year Interest of 3.59 Billion Yuan Convertible Bond

MT Newswires Live04-13

Shanxi Meijin Energy (SHE:000723) plans to pay the fourth-year interest of a 3.59 billion yuan convertible bond, according to a Monday disclosure on the Shenzhen bourse.

The bond's interest rate for the year is 1.60% and it will be paid on April 20. The bond's term is until April 19, 2028.

The coal miner's shares rose 1% during the afternoon trade.

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