Aspire Mining Raises US$11.2 Million Through Ovoot Bond Tranches

Aspire Mining’s Mongolian subsidiary reported raising approximately US$11.2 million through ten tranches of its Ovoot Bond by 28 October. The reported coupon rates ranged from 11% to 13%, with maturities between 12 and 36 months, creating opportunities for corporate finance advisory, debt structuring, investor relations and capital-market services.

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