Sinopec Said to Sign $257 Million 3-Year Loan With 14 Banks
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China Petroleum & Chemical Corp. signed a three-year, $257 million loan, according to a person familiar with the matter.
The facility for Sinopec, as the company is known, was increased in size from $150 million and signed with 14 banks, the person said, asking not to be identified because the details are private.