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Published on 8/12/2020 in the Prospect News Emerging Markets Daily.

Taiwan’s China Petrochemical to sell NT$3.5 billion five-year bonds

By Marisa Wong

Los Angeles, Aug. 12 – China Petrochemical Development Corp. plans to price NT$3.5 billion of five-year fixed-rate secured corporate bonds, according to a notice.

Proceeds will be used to repay bank loans.

The chemical manufacturing company is based in Kaohsiung City, Taiwan.


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