Sinotrans Shipping Sells 2.6 Billion Yuan in Offshore Bonds

Sinotrans Shipping Inc. sold 2.6 billion yuan ($409 million) of 3.3 percent, three-year bonds in Hong Kong, according to data compiled by Bloomberg.

Agricultural Bank of China Ltd., Bank of China Ltd., BOC International Ltd. and Wing Lung Bank managed the sale, according to a person familiar with the matter.

To contact the reporter on this story: Rachel Evans in Hong Kong at revans43@bloomberg.net

To contact the editor responsible for this story: Shelley Smith at ssmith118@bloomberg.net

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