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Chongqin cheap kitchen cabinets g Iron & Steel to issue

Postby xuzh51 » Mon Aug 22, 2011 2:31 am

Chongqin cheap kitchen cabinets g Iron & Steel to issue RMB 2 bln corporate bonds

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Chongqing Iron &amp; Steel to issue RMB 2 bln corporate bondsPublished: 20 Feb 2009 00:00:00 PST<p class="authorInfor"]</p]<!--begin CK content--]<P]Feb. 20, 2009 (China Knowledge) - Chongqing Iron &amp; Steel Co Ltd&lt;601005&gt;&lt;1053&gt;, a subsidiary of Chongqing Iron &amp; Steel Group (CISC), plans to issue up to RMB 2 billion in cooperate bonds, according to an announcement the company made today, sources reported.</P]<P]The bonds, which can be issued in several tranches, will have durations not exceed 10 years.</P]<P]Meanwhile, the company has decided to terminate the convertible corporate bond issue plan, which was approved at the second shareholder meeting in 2008.</P]<P]The company plans to hold the first shareholder meeting of 2009 on Apr. 14.<BR]</P]
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