Sinopec issued a $2.75 billion multi-tranche bond and a 550 million $743 million seven-year note on Wednesday, in the face of weaker Asian markets as sentiment continues to be hit by the US government shutdown.
The dollar deal by Sinopec Group Overseas Development was split into three tranches of five-, 10- and 30-years the first one since May with volumes of $750 million, $1.5 billion and $500 million respectively, according to a term sheet.
...