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West China Cement plans to start roadshow for bond offering Monday
By Angela McDaniels
Tacoma, Wash., Aug. 28 – West China Cement Ltd. plans to conduct an international offering of senior notes, according to a company announcement.
The company expects to begin a roadshow for the Regulation S notes in Asia and Europe on Monday.
Credit Suisse Securities (Europe) Ltd. and Nomura International plc are the joint bookrunners and joint lead managers.
Proceeds will be used to refinance a portion of the company’s $400 million 7˝% senior notes due 2016.
The cement manufacturer and distributor is based in Xi'an, China.
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