-- Minmetals Capital (SHA:600390) proposed to register the issuance of bonds worth up to 3 billion yuan, according to a Shanghai bourse filing on Saturday.
The issuance will be valid within 24 months after approval by regulators, while the bond will have a three-year term.
The Chinese metals and minerals company will use the proceeds to fund its technology innovation-related business, as well as supplement its working capital and pay debts.