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May 14, 2010

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Bond sale

PETROCHINA, China's largest oil producer, plans to sell 40 billion yuan (US$5.9 billion) of bonds to replenish capital.

The company will offer 20 billion yuan of fixed-rate, five-year bonds and 20 billion yuan of variable rate, seven-year notes on Wednesday, PetroChina said in a statement posted on ChinaMoney Website.

 

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