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China Coal Energy To Raise $2.33B
China Coal Energy is looking to raise $2.33 billion through a sale of five-year notes.
China Coal Energyis looking to raise $2.33 billion through a sale of five-year notes,The Wall Street Journalreports. The notes will be issued in the interbank market.
The proceeds will be used by the company to boost its working capital. The lead underwriters for the offering areChina International CapitalandIndustrial & Commercial Bank of China.
Click here for the story fromThe Wall Street Journal.