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Prospect News home > News index > List of issuers C > Headlines for China Petrochemical Corp. > News item |
S&P rates Sinopec notes A+
S&P said it assigned an A+ rating to a proposed issue of dollar-denominated notes, which will be unconditionally and irrevocably guaranteed by China Petrochemical Corp.
Sinopec Group Overseas Development (2018) Ltd. a special purpose entity, will sell the notes.
Proceeds will be used to refinance debt and for general corporate purposes.
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