Zijin Mining Group Co (HK:2899) has released an update.
Zijin Mining Group Co., Ltd. has successfully completed the issuance of $2 billion in guaranteed convertible bonds and the placement of new H shares, raising approximately $1.979 million in net proceeds intended for refinancing offshore debts. The bonds will be listed on the Hong Kong Stock Exchange, with dealings expected to be effective from June 26, 2024. Moreover, 251,900,000 H shares have been placed at HK$15.50 per share, accounting for around 0.95% of the enlarged issued shares post-placement.
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