Cement News tagged under: South Cement

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South Cement to issue CNY1.5bn bills, China

29 April 2013, Published under Cement News

South Cement has said it plans to issue CNY1.5bn (US$243m) in short-term bills with a maturity of 365 days in the interbank market on 2 May 2013 to repay bank loans and replenish the company's working capital. The bills will be issued at face value and the coupon rate determined in the process of book building, the company said in a statement. Both value and payment due date is set on 3 May 2013 and the to-be-issued bills tradable 6 May 2013. Shanghai Brilliance Credit Rating & Investo...