Market Chatter- Corporate finance press digest

Thu Jun 19, 2014 12:17am EDT
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June 19 (Reuters) - The following corporate finance-related stories were reported by media:

* Italy's biggest utility Enel aims to sell assets in Eastern Europe to meet its debt reduction target, a source close to the matter said on Wednesday.

* Taiwan's Zhen Ding Technology Holding Ltd will issue $300 million worth of convertible bonds, a source with direct knowledge of the matter told Reuters on Wednesday.

* The U.S. steel industry is considering challenging a trade deal with Russia that governs imports of hot-rolled steel, potentially reviving a decades-old dispute amid mounting tensions over Russia's actions in Ukraine, two sources said.

* Lukoil is in talks with U.S. oil firm Hess Corp to buy a stake in its offshore project in Ghana, two sources close to the talks said, as part of its strategy to look beyond a closed Russian market.   Continued...