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Prospect News home > News index > List of issuers P > Headlines for PetroChina Co. Ltd. > News item
Published on 7/19/2012 in the Prospect News Emerging Markets Daily.

PetroChina plans to issue up to RMB 40 billion of corporate bonds

By Marisa Wong

Madison, Wis., July 19 - PetroChina Co. Ltd. said the China Securities Regulatory Commission approved its application to issue up to RMB 40 billion of corporate bonds.

The Beijing-based energy firm may issue the bonds in multiple tranches through the Shanghai Stock Exchange.

The company's board of directors previously announced that it planned to issue up to RMB 100 billion of debt financing instruments. The proposal was approved by shareholders at a meeting held in May 2011.


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