Four banks sign up to HK$1.5bn loan for Sinosteel

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Four banks sign up to HK$1.5bn loan for Sinosteel

Sinosteel International Holdings, the Hong Kong unit of China’s state-owned steel group, has received four commitments worth HK$1.1bn ($142m) for its five year loan, leaving sole bookrunner Morgan Stanley well on the way to its HK$1.5bn target..

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