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Published on 11/29/2010 in the Prospect News Emerging Markets Daily.

China's Chongqing Iron & Steel may sell up to RMB 2 billion bonds

By Marisa Wong

Madison, Wis., Nov. 29 - Chongqing Iron & Steel Co. Ltd. said it received approval from the China Securities Regulatory Commission on Friday to issue up to RMB 2 billion of corporate bonds.

The approval is effective for six months.

The manufacturer and distributor of iron and steel products is based in Chongqing, China.


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