On 18 August 2016, Aluminum Corporation of China (the "Company") issued USD 800 million 5-year guaranteed bonds, with a coupon rate of 4%, in Hong Kong through Chinalco Capital Holdings Limited (the "Issuer"), an indirect, wholly-owned overseas subsidiary of the Company.
The Company is a key state-owned enterprise directly supervised by the State-owned Assets Supervision and Administration Commission of the State Council. According to Fortune Magazine, the Company has been a Fortune Global 500 company for eight consecutive years since 2008 and was ranked 240th among the Fortune Global 500 in 2015.
In this transaction, Guantao served as the PRC legal advisor to the Issuer. Guantao team was led by partners Mr. Sun Dongying and Mr. Li Yan, and the team members included Mr. Chen Xiaochuang, Mr. Fang Mingda, Ms. Qin Ting, Ms. Huang Lusha and Ms. Ge Zhiqun.