Sinopec to sell $3.5b bonds
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Saree [2011-05-20]
Sinopec, China's largest oil group, plans to sell 23 billion yuan ($3.5 billion) worth of convertible bonds next week, Dow Jones Newswires reported Thursday.
The bond issue by Sinopec, also known as China Petroleum & Chemical Corp., would be the Asia-Pacific region's largest convertible bond issuance since late August, Dow Jones said, citing two people familiar with the situation.