Sinopec Group Overseas Development (2012) Limited, founded in 2012 and headquartered in Hong Kong, serves as a pivotal international subsidiary of Sinopec Limited, focusing on energy and chemical products and investments. The company primarily engages in the exploration, production, and trading of oil and gas, alongside facilitating Sinopec’s global expansion efforts through various strategic partnerships and investments.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SINOPE 4.88% 2042-05-17 USDSinopec Group Overseas Development (2012) Limited | China | 2042-05-17 | 4.875 | 4.96 |
| SINOPE 4.88% 2042-05-17 USDSinopec Group Overseas Development (2012) Limited | China | 2042-05-17 | 4.875 | 4.93 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Sinopec Group Overseas Development has made significant strides in the bond market, commencing its first bond issuance in 2015. Notably, in 2020, the company issued a $2 billion bond to finance its expansion projects, which was oversubscribed, reflecting robust investor confidence. Current yields on their bonds have remained competitive compared to industry peers, often featuring favorable terms like low interest rates and extended maturities. Recently, the company garnered attention for its innovative green bond initiative aimed at funding renewable energy projects, marking a notable shift towards sustainability in its financing strategy.