Baosteel Group Bonds Listed in Hong Kong Market
OREANDA-NEWS. February 28, 2012. RMB 3.6 billion yuan of bonds issued by Baosteel Group are successfully listed on the Stock Exchange of Hong Kong, reported the press-centre of Baosteel.
The listed bonds are offshore RMB-denominated bonds issued by Baosteel Group in Hong Kong on November 25, 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.
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