(ZONGWU) China Petroleum and Natural Gas Co., Ltd. will issue 15 billion yuan 5-year medium-term paper on May 26, the third medium-term paper issued by the company in 2009. Through the comprehensive evaluation of the Joint Credit Evaluation Co., Ltd., the credit grade of the medium-term instrument is AAA grade, and the issuer's long-term credit rating is AAA grade. As at the date of signing the prospectus, the balance of the issuer's outstanding debt financing instrument is 30 billion yuan, respectively, the medium-term notes issued in January 2009 and March, each of which is 15 billion yuan, and the issuer's outstanding corporate bonds are 3.5 billion yuan, For October 2003 and October 2006 respectively issued 1.5 billion yuan and 2 billion yuan corporate debt. (ZONGWU)
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