Ansteel to issue medium-term notes worth RMB 3 billion

Wednesday, 23 July 2014 12:26:01 (GMT+3)   |   Shanghai
       

Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel) has announced that it plans to issue medium-term notes worth RMB 3.0 billion ($484 million) on July 29-30. This will be the company's first medium-term notes issue in the current year.

The bonds in question will mature within three years. China Construction Bank (CCB), Bank of China (BOC) and Agricultural Bank of China (ABC) will be the co-lead underwriters.

China Chengxin International Credit Rating Co. has given the medium-term notes to be issued a rating of AAA, while it has ranked the issuer's credit rating as AAA.


Similar articles

Baowu and SHFE to collaborate in spot and futures trading

09 Oct | Steel News

SHFE developing ferrochrome and CRC futures

27 Sep | Steel News

Stainless steel futures start trading at SHFE

25 Sep | Steel News

CSRC approves launch of stainless steel futures at SHFE

02 Sep | Steel News

Shanghai rebar price returns from six-year high

08 Aug | Steel News

Iron ore futures trading at Dalian exchange increases sharply in July

04 Aug | Steel News

Iron ore inventory at Chinese ports edges up slightly

21 Jan | Steel News

WISCO to issue short-term bonds worth RMB 200 million

09 Jan | Steel News

JISCO to issue medium-term notes worth RMB 2.4 billion

22 Sep | Steel News

Taigang Stainless Steel to issue ultrashort-term bonds

18 Sep | Steel News