Gaopeng & Partners Retained by China Minmentals Corporation for Its First Issue of MTN in 2008-Gaopeng & Partners

2008 05/27

On 22 April,2008,China Minmentals Corporation issued its first Medium-term Notes(“MTN”)in 2008,with a total value of RMB1.5 billion for a term of 3 years and both the corporate and MTN credit ratings are AAA.China Everbright Bank is the lead underwriter for the MTN.Attorney Xu Junfeng and Attorney Liu Guoshan of Gaopeng&Partners acted as the legal counsel for the issue of the MTN.A Medium-term Note is a form of corporate debt financing,which is issued by non-financial legal persons in the inter-bank bond market by stages as scheduled.A medium-term Note will mature in a certain period upon completion of which the issuer shall pay the principal and the relevant interests as agreed.


(This article is translated by software translator for reference only.)