Recently, China Molybdenum Co., Ltd. ("CMOC"), the global mining giant,has publicly issued overseas US dollar bonds successfully through its overseas wholly-owned subsidiary CMOC Capital Limited. The issue scale is 300 million US dollar with a three-year term and a coupon rate of 5.48%. And it will be listed and traded on The Stock Exchange of Hong Kong.
CMOC, is a A+H share listed company mainly engaged in mining, smelting and deep processing of copper, molybdenum, tungsten, cobalt, niobium, phosphorus and other business. It has more than 40 branch offices and subsidiaries all over the world. For the moment, CMOC is the top five molybdenum producers, the largest tungsten producer, the second largest cobalt and niobium producer in the world and a global leading copper producer. Also it is the second largest phosphate fertilizer producer in Brazil. This time, the publicly-issued overseas dollar bonds have been highly recognized by international investors.
As the PRC legal counsel for the issuer, Llinks has provided professional legal services for CMOC to publicly issue the overseas US dollar bonds.