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08 Dec
18:24

JSW pursues municipal bonds to fund Ohio upgrade

JSW Steel USA Ohio proposes the issuance of municipal bonds to fund a planned upgrade to the sheet mill, Kallanish discovers within a regulatory filing by its India-based parent company. The Mingo Junction, Ohio, division intends to leverage 30-year muni bonds totalling $145 million, mainly to fund the addition of a vacuum tank degasser, JSW Steel explains in a disclosure to the National Stock Exchange of India. The issuer of the bonds would be the Jefferson Cou…
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