BEIJING (AFX-ASIA) – China Petroleum & Chemical Corp (Sinopec) (SHA 600028; HK 0386; NYSE SNP) said it will issue 3.5 billion yuan in 10-year corporate bonds this year at an indicative coupon between 4.55-4.61%. (US$1=8.27 yuan). However, the issue is unlikely to cause too much excitement among investors as their attention swings to the government’s…
CHINA: Sinopec to issue 3.5 billion yuan in 10-year bonds, coupon 4.55-4.61%
Posted on February 11, 2004 by EnergyAsia