Yanchang Petroleum International to Issue US$60 Million Two-year Convertible Bonds at 6% Coupon Rate to Yanchang Petroleum Group
- Written by Reporters
A Vote of Confidence from Parent Company
Transaction Highlights
- Yanchang Petroleum International has received independent shareholder approval for issuing a USD60 million two-year convertible bonds to its parent group Yanchang Petroleum Group at a coupon rate of 6% p.a. The CB represents a vote of confidence of the parent group towards the...

