China's Shougang Holding talks two-year renminbi notes at high 4% area

By Christine Van Dusen

Atlanta, Nov. 23 - China's Shougang Holding set price talk at the high 4% area for its planned renminbi-denominated offering of two-year notes, a market source said.

Bank of China, Citic Capital, DBS, ICBC and JPMorgan are the bookrunners for the Regulation S notes, which include a change-of-control put at 101%.

Shougang Holding is a Beijing-based steel company.

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