Xin Lang Cai Jing·2026-02-05 18:10Core Viewpoint - Zijin Mining Group Co., Ltd. has successfully completed the issuance of $1.5 billion zero-coupon convertible bonds, with the net proceeds expected to be approximately $1.527 billion, primarily allocated for the construction of the Arinac copper-gold project in Peru and for general corporate purposes [2][5]. Group 1: Bond Issuance Details - The bonds are issued by Jinkai Investment Holdings Limited, a wholly-owned subsidiary of Zijin Mining, and are guaranteed unconditionally and irrevocably by the company [2][5]. - The bonds will mature on February 5, 2031, and can be converted into Zijin Mining's ordinary shares [7][8]. - The bonds were listed and traded on the Vienna MTF on February 5, 2026 [2]. Group 2: Guarantee Information - Zijin Mining will provide an unconditional and irrevocable guarantee for the $1.5 billion convertible bonds issued by Jinkai Investment [5][8]. - The guarantee ensures that all payments due under the bond terms will be made appropriately and on time [8][10]. - As of the announcement date, the company has no overdue external guarantees [6][11]. Group 3: Financial and Corporate Structure - Jinkai Investment Holdings Limited was established on June 19, 2025, with a registered capital of $1 and is primarily engaged in overseas financing and fund management [8]. - The total amount of external guarantees provided by the company amounts to approximately RMB 39.42 billion, with 91.61% of this amount related to guarantees for wholly-owned and controlling subsidiaries [11].