Financial Times FT.com

Petrochina in Rmb60bn bond sale

By Jamil Anderlini in Beijing

Published: August 2 2008 01:53 | Last updated: August 2 2008 01:53

Shareholders in Petrochina have approved a plan for China’s largest corporate bond sale by a listed company, Asia’s biggest oil producer said on Friday.

Petrochina plans to raise up to Rmb60bn ($8.77bn) through one or more tranches of bonds with maturities of up to 15 years.

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