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PetroChina Co Ltd to Issue FY 2012 First Tranche of Corporate Bonds


Monday, 19 Nov 2012 07:00pm EST 

PetroChina Co Ltd announced that it will issue the first tranche of corporate bonds for fiscal year 2012, worth RMB 20 billion, each with par value of RMB 100. RMB 12 billion worth of bonds are with a term of five years and a coupon rate ranging from 4.25% to 4.75%, RMB 4 million part will be with a term of 10 years and a coupon rate ranging from 4.60% to 5.10%, and the remaining part will be with a term of 15 years and a coupon rate ranging from 4.75% to 5.25%. CITIC Securities Co., Ltd will serve as the main underwriter.