Shandong Nanshan Aluminium (SHA:600219) controlling shareholder Nanshan Group raised 1.5 billion yuan via the issue of science and technology innovation exchangeable corporate bonds, according to a Tuesday filing with the Shanghai bourse.
The three-year bonds comprise 1 billion yuan with coupon rates of 1.50% for the first year, 1.60% for the second year, and 1.70% for the third year as well as 500 million yuan carrying a coupon rate of 0.10%.
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