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China Steel Corp to Issue FY 2014 Corporate Bonds


Friday, 8 Nov 2013 01:10am EST 

China Steel Corp announced that it has decided to issue up to NTD 30 billion worth of unsecured corporate bonds for fiscal year 2014. The maturity period of the bonds will be seven to 15 years, and the interest rate will be not exceeding 2.5%. The proceeds will be used for supplement of working capital.