China Shanshui launches $300m syndicated loan

However, the cement company still needs to raise more funds as it faces Rmb4.9 billion of debt maturing this year, according to an S&P report.

China Shanshui Cement last week launched a $300 million three-year loan into general syndication for the first time, potentially relieving some of its pressing debt funding needs but still leaving it with a refinancing gap.

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