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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

  1. 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...

Read more: Yanchang Petroleum International to Issue US$60 Million Two-year Convertible Bonds at 6% Coupon...

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