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Shandong Iron navigates weakening market for $500m

Bond market graph volatility from Adobe 22May20 575x375
By Morgan Davis
30 Oct 2020

Shandong Iron & Steel Group Co was forced to pay 50bp more than it expected for a new $500m three year bond on Thursday, despite trying to appeal to investors with a positive spin on its future fundraising plans.

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By Morgan Davis
30 Oct 2020