(Bloomberg) -- Dragon Steel Corp., a unit of
Taiwan's largest steelmaker, is offering to pay a higher
interest rate on its first loan after it failed to attract banks,
three bankers involved in the transaction said.
The company, 70 percent owned by China Steel Corp., aims to
borrow NT$57 billion ($1.7 billion) for 10 years to build a steel
plant, the three bankers said, asking not to be identified
because the information isn't public.
Read more at Bloomberg Bonds News
Taiwan's largest steelmaker, is offering to pay a higher
interest rate on its first loan after it failed to attract banks,
three bankers involved in the transaction said.
The company, 70 percent owned by China Steel Corp., aims to
borrow NT$57 billion ($1.7 billion) for 10 years to build a steel
plant, the three bankers said, asking not to be identified
because the information isn't public.
Read more at Bloomberg Bonds News
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