CNBM to replace loan guarantor for price reduction

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CNBM to replace loan guarantor for price reduction

China skyscrapers Chongqing_Fotolia_230px
Chongqing, China skyscraper cityscape. | SeanPavonePhoto - stock.adobe.com

China National Building Material (CNBM) is considering changing the guarantor of its $160m debut offshore borrowing in a bid to cut pricing.

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