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Shandong Iron and Steel raises USD 200 million in 6.5% Bonds Due 2021-2018 China(Guangzhou)Int’l Metal &M
etallurgy Exhibition-metal exhibition
12/12/2017 steel expo-metal &metallurgy expo |
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Nikkei quoted source familiar with the pricing, state owned steel producer Shandong Iron and Steel Group issued USD 200 million in senior unsecured bonds maturing in June 2021 with a fixed annual coupon of 6.5%. The cash raised from the issue will be used to repay existing debt.
DBS Bank Ltd, Zhongtai International, Bank of China, CEB International and Guotai Junan International are the joint global coordinators, bookrunners and lead managers for the issue. ICBC (Asia) and Orient Securities (Hong Kong) are the other joint bookrunners and lead managers.
-2018
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expo, 2018 Metal exhibition, 2018 Metal expo, China Metal exhibition, China
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expo, China steel exhibition, China steel expo
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