The Chinese state-owned power company is issuing three tranches of bonds worth $3.5 billion.
May 09, 2014 at 04:39 AM
1 minute read
The original version of this story was published on Global Lawyer News
Herbert Smith Freehills has advised State Grid Corp. of China on a $3.5 billion bond issue.
The state-run utility company broke the sale into three tranches: $1.25 billion in five-year notes, $1.6 billion in 10-year notes and $650 million in 30-year notes.
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