Guantao assists Aluminum Corporation of China in issuing US$650 million of senior bonds overseas
In August 2024, Aluminum Corporation of China ("Chinalco Group") successfully issued US$650 million of senior bonds overseas with 3.5-year coupon rate of 4.75%.
Chinalco Group is an important state-owned backbone enterprise under the direct management by the State-owned Assets Supervision and Administration Commission of the State Council. According to Fortune magazine, Chinalco Group has been among the Fortune 500 since 2008.
Guantao acted as the PRC counsel to the issuer in this offering and provided legal services to the issuer throughout the entire process. The leading partner of Guantao in this offering is Mr. Chen Xiaochuang.