Banks circle Sinopec for dollar bond

Bankers are pitching Sinopec for a potential dollar bond as its bridge loan falls due for refinancing. Elsewhere, the Republic of Indonesia has kicked off a roadshow.

Banks have been circling China Petroleum and Chemical Corp, better known as Sinopec, for a potential US dollar bond. There are rumours that the company is eyeing a dollar bond with tenors of five, 10 and 30 years.

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