CITIC Pacific Special Steel to raise up to 5 bln yuan via convertible bonds
2021-05-11 15:46:05 [Print]
CITIC Pacific Special Steel Group Co
. , Ltd . recently announced that it looks to raise up to 5 billion yuan (778 million US dollars) through the public issuance of convertible bonds . Net proceeds from the issuance will be completely used for advancing "Three High and One Special" industrial system upgrade and optimize project, coking environmental protection comprehensive transformation project, waste heat and energy utilization project, ultra-low emission environmental protection renovation project, as well as to supplement working capitals.