CSSC to issue RMB3bn of bonds

Technorati Tags: Baltic Dry Index,Baltic Dry Indices,Ship Chartering,Shipchartering,Voyage Fixtures,Time Charter Fixtures,Panamax,Capesize,Handymax,Handysize,Supramax,Dry Cargo Fixtures,Bulk Cargo Fixtures,Baltic Exchange,Freight Review,Maritime Baltic Index,TNT Freight Review,China State ShipBuilding Corporation,Bonds issue

Shanghai: Furthering its expansion plans China State Shipbuilding Corporation will issue RMB3bn ($439m) worth of five-year bonds tlater in February.
The bonds, which will each be worth RMB100, will be sold on the interbank bond market from February 23. CSSC is the southern umbrella group of yards that are state-controlled.  [17/02/09]