05
Sep
08:32
JFE Holdings to issue shares, bonds
Japanese steel giant JFE Holdings announced on Tuesday that its board has resolved to issue new shares, dispose of treasury shares, and issue Zero Coupon Convertible Bonds to raise up to a total of JPY 211.5 billion ($1.44 billion), Kallanish learns.
The financing is for the promotion of JFE’s Green Transformation Strategy, as well as sustainable profit growth. By conducting the offering and bond issuance, the company can build an even stronger financial bas…
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Anonymous
Very good overview of the weekly steel market.
Anonymous