Interview: BlueScope deleverages to beef-up balance sheet

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Interview: BlueScope deleverages to beef-up balance sheet

June 11, 2012

From Chien Mi Wong

The Australian steel manufacturer is reducing debt on its balance sheet in order to strengthen its financial profile amid increasing market volatility, says chief financial officer Charlie Elias.

BlueScope Steel, Australia’s largest steelmaker, is seeking to reduce its debt on its balance sheet as it looks to concentrate on its core strengths – iron ore and steel production – and expand into less volatile areas such as building...

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SOUTHEAST ASIA DCM

Rank

Bookrunner Parents

Deal Value $ (Proceeds) (m)

No.

%share

2012 YTD Rank

Standard Chartered Bank

3,991

8.9

HSBC

3,710

8.3

Goldman Sachs

3,333

7.4

Deutsche Bank

2,895

6.4

Citi

2,774

6.2

JPMorgan

2,288

5.1

DBS

2,106

4.7

Siam Commercial Bank

1,835

4.1

Barclays

1,586

3.5

CIMB Group

1,523

3.4

Subtotal

26,040

123

57.9

Total

44,958

212

100.0

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