Hebei Steel Group to issue ultra-short-term bonds
Hebei Province-based Chinese steelmaker Hebei Steel Group Co. (Hebei Steel Group) has announced that it plans to issue ultra-short-term bonds on January 10 to raise funds amounting to RMB 2.0 billion ($0.29 billion). Accordingly, the bonds will be issued for 270 days and the funds will be used to repay debts.