Sinopec squeezes price on $3bn bond outing

Morgan Davis

May 07, 2020 08:00 am

A floating oil rig in a harbour in arctic Norway | Terje Lein-Mathisen/Terje - stock.adobe.com

China Petrochemical Corp (Sinopec) priced a $3bn bond through its curve on Wednesday after investors flocked to the triple-tranche transaction, leading to a peak book of $23bn.

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Topics

JP Morgan China Citi Corporate Bonds ICBC Asia Coronavirus Greater China Bank of China Northeast Asia Asia Pacific Emerging Markets HSBC Goldman Sachs High grade and crossover bonds

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Morgan Davis

Deputy editor GlobalCapital Asia