Baosteel ends market hiatus with $500m bond

China’s second-largest steelmaker prices Asia’s first dollar bond in nearly a week, paying up some premium as market volatility continues to dampen sentiment.

Baosteel Resources sold a $500 million five-year bond on Wednesday, helping to break the week-long silence that descended on Asia’s debt capital markets.

¬ Haymarket Media Limited. All rights reserved.

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