Skip to main content

China Shanshui dollar bonds climb

Published by
World Cement,

According to a report by Bloomberg, China Shanshui Cement Group’s dollar bonds due for repayment in 2020 rose after the cement maker announced that it would repay them before time, raising investors’ confidence after a shareholder scrap.

China Shanshui intends to begin buying back the US$500 million of outstanding notes by 19 January after the tussle triggered early redemption. The company also plans to pay the US$303.6 million of onshore bonds that defaulted in November.

Investors hope the plans signal a path to normality as new bosses, backed by biggest shareholder Tianrui Group Co., seek to take control of the cement maker’s operations from founder Zhang Caikui.

Edited from source by Joseph Green. Source: Bloomberg

Read the article online at:

You might also like



WCT2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.

Find out more and register for the series »



World Cement Spotlight with Rockwell Automation

World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.

Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.

Watch the interview now »


Embed article link: (copy the HTML code below):