Baosteel Group Bonds Listed in Hong Kong Market

Resource from: CBCC Likes:2972

Feb 24,2012

In February 20th 2012, CNY 3.6 billion of bonds issued by Baosteel Group are successfully listed on the Stock Exchange of Hong Kong. The listed bonds are offshore RMB denominated bonds issued by Baosteel Group in Hong Kong on November 25th 2011. It is the first time that Chinese mainland non financial enterprise issues bonds directly in Hong Kong and so far the largest RMB denominated bond transaction made by enterprise in Hong Kong. The listed Baosteel RMB bonds include 2 year, 3 year and 5 year. The coupon rates include 3.125%, 3.50% and 4.375% and the transaction codes are 86015,86016 and 86017.

(CBCC)

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