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Baosteel cuts borrowing costs through sale of Dim Sum bonds

By Rachel Evans, and Tanya Angerer, Helen Yuan | China Daily | Updated: 2011-11-29 07:52

Baosteel cuts borrowing costs through sale of Dim Sum bonds

Workers package steel at the Baosteel Group Corp facilities in Shanghai. Baosteel Group raised 3.6 billion yuan ($565 million) of Dim Sum notes due in two, three and five years on Friday. Doug Kanter / Bloomberg

Nation's second-biggest steelmaker raises $565 million through issue

Baosteel cuts borrowing costs through sale of Dim Sum bonds

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