Sinopec (SNP) may fund its acquisition of $8B worth of its parent's assets by taking on additional debt, which would add to an already heavy debt burden and limit its outlook on overseas acquisitions. The new assets would increase SNP's proven and probable oil and gas reserves by ~960M boe, raising its valuation but pushing its debt ratio sharply higher than its Chinese peers.
Sinopec (SNP) may fund its acquisition of $8B worth of its parent's assets by taking on...
From other sites
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs