Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

Company - Domestic
 Search News  Or
Sinopec may issue RMB 20 bln in bonds in Mar

Feb. 9, 2012 (China Knowledge) - Sinopec<600028><0386>, Asia's largest oil refiner, is expected to float RMB 30 billion of corporate bonds in March this year, said sources close to the matter on Wednesday.

The corporate bonds will be traded on the Shanghai Stock Exchange, according to the sources.

China Petrochemical Corp or Sinopec Group will provide guarantee to the bonds.

In February 2011, the oil giant issued RMB 23 billion worth of convertible bonds that could be convertible into Shanghai-listed A shares six months after the issue date at an initial conversion price of RMB 9.73.

In 2011, Sinopec Group's crude oil output climbed 7.6% year on year to 65.6 million metric tons and its oil-refining capacity hit 230 million metric tons at the end of last year.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved