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Nippon Steel to raise US$3.6 billion in Japan's biggest convertible bond offer ever
Summary by Business Times
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The steelmaker, which increased the size of its operation by 9% to 600 billion yen, will issue mature zero coupon bonds 2029 and 2031.
Japanese steel company Nippon Steel plans to issue convertible bonds worth ¥550 billion (€2,994 million) to facilitate the repayment of the loan acquired to finance the purchase of US Steel, closed in June last year.
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