Sinopec's biggest bonds sale as rates rise
By Henry Sanderson and John Duce | China Daily | Updated: 2011-02-25 07:52
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China Petroleum and Chemical Corp's (Sinopec) Dongfanghong refinery in Beijing. Nelson Ching / Bloomberg News |
BEIJING / HONG KONG - China Petroleum & Chemical Corp, Asia's largest refiner, is selling the world's biggest convertible bond issue of this year, raising money at a lower cost than by selling shares or plain debt.
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