Hebei Steel Gets Approval for RMB 5 Billion Bond Issue

Resource from: CBCC Likes:207

Mar 26,2013

On March 25, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Co. Ltd announced that its plan to issue bonds worth up to RMB 5 billion ($803.9 million) has been approved by the China Securities Regulatory Commission (CSRC). Accordingly, the bond issue will take place within six months, including three-year bonds worth up to RMB 3 billion ($482.3 million) and five-year bonds worth up to RMB 2 billion ($321.5 million).

(CBCC)

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