Mongolian Mining Corporation, founded in 2010 and headquartered in Ulaanbaatar, Mongolia, is a leading producer of high-quality coking coal for the steel industry. The company primarily focuses on the exploration, mining, and sale of coking coal from its flagship operations in the South Gobi region of Mongolia.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MONMIN 12.50% 2026-09-13 USDMongolian Mining Corporation | Cayman Islands | 2026-09-13 | 12.500 | 9.99 |
| MONMIN 8.44% 2030-04-03 USDMongolian Mining Corporation | Mongolia | 2030-04-03 | 8.440 | 7.67 |
| MONMIN 8.44% 2030-04-03 USDMongolian Mining Corporation | Mongolia | 2030-04-03 | 8.440 | 7.67 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Mongolian Mining Corporation first issued bonds in 2012, establishing itself in the debt market with a notable $600 million issuance that garnered attention due to favorable terms and demand. Since then, the company has expanded its bond portfolio, with recent issuances reflecting competitive yields in comparison to industry averages, maintaining strong interest from retail investors. Noteworthy is their 2023 bond offering, which featured a unique step-up coupon structure, allowing for increased yields over time, aligning with the company's growth strategy amidst fluctuating coal prices.