Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Co. (Ansteel) has announced that on April 24 it will issue ultra-short-term bonds worth a total of RMB 3 billion ($489.4 million) for a term of 180 days.
China Construction Bank will be the lead underwriter.
Beijing-based
China Cheng Xin International Credit Rating Co. has ranked the issuer's credit rating as AAA.