Skadden, Arps, Slate, Meagher & Flom has advised China Petroleum & Chemical Corp., also known as Sinopec, on a recent $3.5 billion bond issue.

The Sinopec offering, which closed Wednesday, is the largest corporate bond offering in Asia, apart from Japan, in the last decade. Skadden also advised the Chinese state-owned oil company on a $3 billion bond offering last June.
Sinopec will use the funds raised to acquire overseas assets as well as to repay existing debt.
Skadden Shanghai partner Gregory Miao, Beijing partner Peter Huang, and Hong Kong partner Edward Lam acted for Sinopec.
Davis Polk & Wardwell Hong Kong partner James Lin and London partner John Paton represented joint global coordinators Citigroup Global Markets Inc., Merrill Lynch International, UBS AG, and J.P. Morgan Securities Plc.
Email: tbrennan@alm.com .