Ming Finance - Sinopec Group to issue 10 billion yuan of short-term financing bonds

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Sinopec Group to issue 10 billion yuan of short-term financing bonds

Written by Administrator
Monday, 31 July 2006
BEIJING, July 31 (InfoChina) – Sinopec Group, the parent company of Sinopec Corp. (NYSE: SNP), plans to issue 10 billion yuan worth of short-term financing bonds on August 3. The bonds have a maturity term of 182 days. This is the second time that the country’s largest refiner issued short-term bonds worth 10 billion yuan since previous issue in January.

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