CNPC eyes largest Asian G3 2011 bond

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CNPC eyes largest Asian G3 2011 bond

China National Petroleum Corp (CNPC) planned to price a three tranche bond on Wednesday evening that could raise as much as $3bn and set a new milestone for Asian issuance this year. Bankers initially thought that CNPC would raise over $5bn but those on the deal said that this was now unlikely.

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