17
Oct
10:25
Angang issues $41.66 million green medium-term notes
China’s Anshan Iron & Steel (Angang) has recently issued CNY 300 million ($41.66m) of medium-term notes, Kallanish notes. This is the company’s first public bond offering onshore within five years.
The three-year note has a interest rate of 2.85%, which is the lowest among Angang’s all bonds since 2021. However, this is still higher than the 2.68% of Baosteel's low-carbon transition green corporate bond issued in May (see Kallanish passim…
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Very good overview of the weekly steel market.
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