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The affirmation reflects the sound issuance track record of the CP program and the irrevocable and unconditional guarantee from Sinopec Group, which has strong credit quality, as reflected in its ...
Tiptop Energy and Sinopec Century Bright Capital Investment have announced a five-year, $2.5 billion deal to create a syndicated term loan facility guaranteed by China Petrochemical Corp. Sinopec ...
The loan will be used by Tiptop Energy and Sinopec Century Bright Capital Investment for general corporate purposes. The loan rate has a margin of 1.23 percent above Libor, or the London Interbank ...
Tiptop Energy Ltd. and Sinopec Century Bright Capital Investment Ltd. are the borrowing entities and the facility is guaranteed by Sinopec Group, as China Petrochemical is more commonly known.
The affirmation reflects the sound issuance track record of the CP program and the irrevocable and unconditional guarantee from Sinopec Group, which has strong credit quality, as reflected in its ...
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