The 10-year and 30-year notes have an annual interest rate of 4.25% and 5.75% China Offshore Oil Co., Ltd. (00883). HK January 23 Evening announced that its subsidiary, CNOOC Finance (2011), will issue a 2021-year bill with a total initial principal value of USD 1.5 billion and a 2041-year bill with an initial principal sum of $500 million. The annual interest rates for the 10-year and 30-year notes are 4.25% and 5.75% respectively, starting from January 26 and paying every six months, which will expire on January 26, 2021 and January 26, 2041 respectively. At present, the bill has been applied to the listing of the Hong Kong stock Exchange. China Marine Oil said that after deducting the relevant fees, the total amount of fundraising for this issue is about $1.968 billion trillion, which will be used for general business purposes. China offshore oil will be the guarantor of this bill and contractual liability. Barclays Capital, BOC International, Bank of America Merrill Lynch, Citigroup, Goldman Sachs and JPMorgan Chase are the joint lead handler and account manager for the sale and sale of bills. Moody's issued a "AA3" rating for the CNOOC bill, which is rated "AA". On January 21, the Wall Street Journal Chinese Network quoted people familiar with the matter as saying the Chinese offshore oil bill had attracted more than 6 billion dollars in subscription funds.
The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion;
products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the
content of the page makes you feel confusing, please write us an email, we will handle the problem
within 5 days after receiving your email.
If you find any instances of plagiarism from the community, please send an email to:
info-contact@alibabacloud.com
and provide relevant evidence. A staff member will contact you within 5 working days.
