Four Chinese banks to lend Chinalco $21 bln to fund Rio Tinto deal

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Home>>China >> China Business

Four Chinese banks to lend Chinalco $21 bln to fund Rio Tinto deal

21:30, March 27, 2009

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Four Chinese banks, including the Bank of China (BOC), have signed agreements to provide 21 billion U.S. dollars worth syndicated loans to the Aluminum Corporation of China (Chinalco) to support its bid for Rio Tinto, the BOC announced Friday.

Source: Xinhua

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