HSBC Hired to Help Manage Sale of Yuan Bond by China Minmetals

HSBC Holdings Plc (HSBA)’s China unit was hired as part of a group of banks to manage a sale of 3 billion yuan of 365-day bonds for China Minmetals Corp., according to a prospectus posted on Chinamoney.com.cn, a website of the China Foreign Exchange Trade System.

China Everbright Bank Co. is the lead underwriter, it said.

To contact Bloomberg News staff for this story: Henry Sanderson in Beijing at hsanderson@bloomberg.net

To contact the editor responsible for this story: Andrew Monahan at amonahan@bloomberg.net

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