Simpson Thacher Represents Aluminum Corporation of China in Securing Loan Facility for Rio Tinto Rights Issue
07.08.09
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The firm is representing Aluminum Corporation of China (Chinalco) in securing financing in connection with Chinalco’s exercise of its entitlement in the rights issue of Rio Tinto, one of the world’s leading mining companies, for approximately US$1.5 billion. Chinalco is an international diversified mineral resources company and one of the largest diversified metals and mining companies in China.
The Simpson Thacher team includes: Douglas Markel, Shaolin Luo, Liang Wang and Peng Tan of the Beijing office (Corporate); Euan Gorrie and Kiran Bhullar of the London office (Credit); Alan Klein, Francis C. Marinelli and LeAnn Leutner of the New York office (M&A and US Securities); and Peter Thomas, Brijesh Dave and Gabriel Rottman of the Washington office (Regulatory). Legal assistant Qinghong Cai also provided valuable assistance.