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PetroChina Co Ltd to Issue FY 2013 First Tranche of Corporate Bonds


Tuesday, 12 Mar 2013 08:00pm EDT 

PetroChina Co Ltd announced that it will issue the first tranche of corporate bonds for fiscal year 2013, worth RMB 20 billion, each with par value and an issue price of RMB 100, from March 15, 2013 to March 19, 2013. RMB 15 billion worth of bonds are with a term of five years and a fixed coupon rate of ranging from 4.25% to 4.65%, while RMB 5 billion part are with a term of 10 years and a fixed coupon rate ranging from 4.70% to 5.10%. The interest will be paid on March 15. China National Petroleum Corporation will provide guarantee for the bonds. CITIC Securities Co., Ltd will serve as the main underwriter. 

Company Quote

8.63
0.04 +0.47%
24 Dec 2014