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China's Baosteel to issue up to 3b yuan of bonds amid virus outbreak

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Baoshan Iron & Steel, China's top listed steel producer, said on Tuesday it would issue bonds worth up to 3 billion yuan (S$598.6 million), partly to boost working capital amid the coronavirus outbreak.

[BEIJING] Baoshan Iron & Steel, China's top listed steel producer, said on Tuesday it would issue bonds worth up to 3 billion yuan (S$598.6 million), partly to boost working capital amid the coronavirus outbreak.

The bonds, with maturity of three years, will be the first tranche of...

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