Roll up, roll up! Sinopec opens $2.5bn loan to all

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Roll up, roll up! Sinopec opens $2.5bn loan to all

Sinopec

Chinese state-owned Sinopec Group has launched a $2.5bn loan into general syndication and is tapping a wide array of banks to raise the funds. In doing so, it is taking a markedly different approach to other recent borrowers that have stuck to their core banking group and opted for club deals, writes Rashmi Kumar.

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