HBIS takes on 2020 refinancing with $300m outing

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HBIS takes on 2020 refinancing with $300m outing

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refinance | sean824 - stock.adobe.com

Hebei-based steelmaker HBIS Group raised $300m from a bond this week ahead of an April maturity. It hit the market when investor confidence was shaken by recent and upcoming defaults from China.

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