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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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