Trade Resources Company News Ansteel Will Issue Ultra-Short-Term Bonds Worth a Total of RMB 3 Billion

Ansteel Will Issue Ultra-Short-Term Bonds Worth a Total of RMB 3 Billion

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.

Source: http://www.steelorbis.com/steel-news/latest-news/ansteel-to-issue-ultra_short_term-bonds-worth-rmb-3-billion-825315.htm
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Ansteel to Issue Ultra-Short-Term Bonds Worth RMB 3 Billion
Topics: Metallurgy