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5 年前
New Issue-Sinopec sells $3 bln in 3 parts
2012年5月11日 / 下午3点07分 / 5 年前

New Issue-Sinopec sells $3 bln in 3 parts

May 11 (Reuters) - Sinopec Group Overseas Development (2012)
Limited on Thursday sold $3 billion of senior notes in three
parts in the 144a private placement market, said market sources.	
    The issue is guaranteed by China Petrochemical Corp.
    Citigroup, HSBC, BOC International, Barclays, Goldman Sachs,
JP Morgan, Mizuho Securities, and UBS were the joint bookrunning
managers for the sale.	
	
BORROWER: SINOPEC GROUP OVERSEAS DEVELOPMENT (2012) LTD	
	
TRANCHE 1	
AMT $1 BLN      COUPON 2.75 PCT    MATURITY    05/17/2017	
TYPE SR NTS     ISS PRICE 99.717   FIRST PAY   11/17/2012	
MOODY'S Aa3     YIELD 2.811 PCT    SETTLEMENT  05/17/2012   	
S&P A-PLUS      SPREAD 205 BPS     PAY FREQ    SEMI-ANNUAL	
FITCH N/A        MORE THAN TREAS   MAKE-WHOLE CALL 20 BPS 	
    	
TRANCHE 2	
AMT $1 BLN      COUPON 3.9 PCT     MATURITY    05/17/2022	
TYPE SR NTS     ISS PRICE 99.697   FIRST PAY   11/17/2012	
MOODY'S Aa3     YIELD 3.937 PCT    SETTLEMENT  05/17/2012   	
S&P A-PLUS      SPREAD 210 BPS     PAY FREQ    SEMI-ANNUAL	
FITCH N/A        MORE THAN TREAS   MAKE-WHOLE CALL 20 BPS 	
    	
TRANCHE 3	
AMT $1 BLN      COUPON 4.875 PCT   MATURITY    05/17/2042	
TYPE SR NTS     ISS PRICE 99.672   FIRST PAY   11/17/2012	
MOODY'S Aa3     YIELD 4.896 PCT    SETTLEMENT  05/17/2012   	
S&P A-PLUS      SPREAD 185 BPS     PAY FREQ    SEMI-ANNUAL	
FITCH N/A        MORE THAN TREAS   MAKE-WHOLE CALL 30 BPS

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