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Nanjing Iron & Steel Union Co., Ltd issued corporate bonds worth of RMB 2.5 Billion |
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With the approval of National Development and Reform Commission, Nanjing Iron & Steel Union Co., Ltd recently issued corporate bonds worth of 2.5 Billion. The bonds with fixed interest rate have a term of 7 years, supplemented with the issuer’s option to increase the coupon rate at the end of the 4th year and investors’ option to repurchase, the annual interest rate being 6.13%. JC Master serves as the Specific Project Counsel for the company in the issuance of the corporate bonds. |
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