BlueScope Steel Ltd (ASX:BSL) is a major steel company in Australia and New Zealand, supplying flat steel products to the building, construction, manufacturing, automotive and packaging industries.
ASX 200 listed stock BlueScope has today launched a $600 million share issue.
The new shares will be offered at $0.40, which represents a 34% discount to the most recent close.
The money will be used to repay existing debt.
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