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China’s Baosteel Resources to market dollar-denominated notes
By Christine Van Dusen
Atlanta, Jan. 16 – China’s Baosteel Resources International Co. Ltd. will commence a roadshow on Monday to market a dollar-denominated offering of notes (Baa1/BBB+/), a market source said.
Deutsche Bank and Standard Chartered Bank are the joint global coordinators. Deutsche Bank, Standard Chartered Bank, ANZ, Bank of China, DBS Bank and HSBC are the joint bookrunners and joint lead managers.
The roadshow will be held in Hong Kong and Singapore. A Regulation S issue is expected to follow.
The issuer is a Shanghai-based and state-owned iron and steel company.
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