Chalco tests waters with new renminbi perpetual bond
It will test Investors' belief in state's support after a first default in China
Fri, Apr 04, 2014 - 6:00 AM
[SINGAPORE] Aluminum Corporation of China (Chalco) is considering a ground-breaking perpetual renminbi bond in a move that will test investors' belief in continued state support for the country's highly indebted state-owned companies.
The undated deal would be a first in the offshore...