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China Shanshui Cement talks dollar benchmark five-year notes at 7¾%
By Christine Van Dusen
Atlanta, March 4 – China Shanshui Cement Group Ltd. talked its dollar-denominated offering of five-year notes (expected ratings: /B/BB) at 7¾%, a market source said.
BOC International, Credit Suisse and Morgan Stanley are the bookrunners for the Regulation S offering.
The proceeds will be used to refinance existing debt.
The cement manufacturing company is based in Jinan, China.
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