Dongying halts $300m PXF refi

Shandong-based copper smelters Dongying Fangyuan Nonferrous Metals and Dongying Lufang Metals Material have called off its $300 million one-year PXF refinancing just two weeks into sounding out banks. Launched on 28 November, potential lenders were invited to commit by mid-February 2020, with ABN...