You are here

Sinopec's US$5b bond issue Asia's biggest in a decade

70% of three-year fixed rate notes were bought by investors in US

[HONG KONG] China Petrochemical Corp, parent of Asia's largest oil refiner, raised US$5 billion from the biggest offering of US dollar-denominated notes by an Asian issuer in more than a decade.

The Beijing-based state-owned enterprise, known as Sinopec Group, sold notes with three, five...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to