CNPC dim sum

CNPC dim sum bond reflects new pricing levels

China National Petroleum Corp has to pay up to print a Rmb3 billion debut dim sum bond as pricing in the market favours investors.
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CNPC's headquarters in Beijing
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<div style="text-align: left;"> CNPC's headquarters in Beijing </div>

State-owned fuel producer China National Petroleum Corp (CNPC) had to pay up to attract investors early yesterday morning when it tapped the market with a debut Rmb3 billion ($470 million) dual-tranche offshore renminbi bond.

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