(Bloomberg) -- Algoma Steel Inc., a Canadian maker
of hot-rolled steel sheets, plans to sell $450 million of senior
notes to finance the company's takeover by India's Essar Steel
Ltd., Standard & Poor's Leveraged Commentary & Data said.
Algoma and SLM Corp. are among borrowers seeking to raise
at least $36.6 billion of bonds in the U.S., according to data
compiled by Bloomberg.
Read more at Bloomberg Bonds News
of hot-rolled steel sheets, plans to sell $450 million of senior
notes to finance the company's takeover by India's Essar Steel
Ltd., Standard & Poor's Leveraged Commentary & Data said.
Algoma and SLM Corp. are among borrowers seeking to raise
at least $36.6 billion of bonds in the U.S., according to data
compiled by Bloomberg.
Read more at Bloomberg Bonds News
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