Yangquan Coal Industry 1 billion yuan 5-year period to 5.41% nominal interest rate votes

Yangquan Coal Industry Group Co., Ltd. February 24 announcement that 23 issue of 10 billion 5-year period ticket coupon rate of 5.41%.

current value date in the tickets for the February 24, payment due date is February 24, 2016.

company earlier announced that 70% of funds raised will be used to supplement working capital needs of companies operating mainly used to meet the financial needs of subsidiaries, including existing investment in new mines and associated merger After the necessary technical inputs mine operating funds; 30% of the company headquarters will be used to repay existing bank loans.

Company intends to release third quarter 2011, the remaining amount of 5-year notes.

Yangquan Coal votes 10 billion 5-year period coupon rate 5.41%