Sinopec Group Overseas Development 2018 Ltd, established in 2018 and located in Hong Kong, serves as the international investment arm of Sinopec Limited, focusing on global business expansion and resource acquisition. The company primarily engages in securing financing for overseas projects, facilitating energy trade, and developing overseas energy assets to enhance Sinopec's position in the global energy sector.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Sinopec Group Overseas Development 2018 Ltd began issuing bonds in 2020, with notable issuances including a $1 billion sustainability bond aimed at financing renewable energy projects. Its most recent bond issuance in 2023 yielded 3.5%, which is competitive compared to the industry's average yield of 4.2%. The company has also received attention for its green bond initiatives, which align with global environmental goals, showcasing its commitment to sustainable development and responsible finance.