SHANGHAI (AFX-ASIA) Ð Shares of China Petroleum and Chemical Corp (Sinopec) SHA 600028; HK 0386; NYSE SNP) have traded higher after it announced a bond issue earlier this week to raise 3.5 billion yuan. (US$1=8.27 yuan). The issue, closing on March 8, is for 10-year bonds with a fixed annual coupon of 4.61%. Sinopec said…
CHINA: Sinopec slightly higher after news of 3.5 billion yuan bond issue
Posted on February 27, 2004 by EnergyAsia